The Alternative Credit Council (ACC) has appointed John Golden, global head of financial regulation, Apollo and Cécile Mayer Lévi, head of private debt, Tikehau Capital as new co-chairs of the association.
The council represents private credit fund managers globally and is an affiliate of the Alternative Investment Management Association. Golden and Mayer Lévi take over from Deborah Zurkow, former global head of investments at Allianz GI, who has chaired the ACC since January 2023.
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The ACC represents 250 members managing over $2tn (£1.5tn) of private credit assets across corporate lending, ABL, infrastructure and real estate debt strategies.
“Private credit plays a critical role financing many strategic priorities around the world, generating much-needed yield for retirees and other investors, as well as supporting more resilient financial markets,” said Golden. “It’s a privilege to co-chair the ACC.”
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“The ACC has played a pivotal role in representing and advancing the interests of private credit globally. As private credit continues to evolve and expand, our industry’s ability to deliver tailored financing solutions and robust risk management creates real value for businesses and investors alike,” added Mayer Lévi.
“I look forward to working with our members and stakeholders to further strengthen the role of private credit in driving growth and innovation across markets and promoting best practices.”
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