Sienna IM has appointed Francesco Franchini as head of corporate private credit, overseeing two investment teams based in Paris and Milan.
The two teams are currently made up of 11 fund directors, fund managers and analysts. In the new role, Franchini will help develop the private credit business of Sienna IM across Europe.
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It comes one year after Sienna IM entered the Italian market with the acquisition of Ver Capital SGR.
Franchini has almost 30 years of experience in finance, having joined PWC ‘s audit business in 1998. He has been with Ver Capital SGR as head of direct lending since 2006, with over 110 investment operations completed.
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“Bringing together the expertise, industry knowledge and resources will enable Sienna IM to significantly accelerate development by delivering innovative private credit investment solutions to a greater number of investors,” said Laurent Dubois, managing director – private credit at the business.
“The strong relationships that Francesco Franchini has built between the teams as well as his experience and skillset will be
essential in positioning Sienna IM at the forefront of the European private credit business”.
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