Pemberton Asset Management has appointed a new chief financial officer and made several other senior hires within its private credit team, as part of a management overhaul.
The $28.8bn (£21.5bn) firm has appointed Robin Bailey as partner, group chief financial officer and a member of its management committee. In his new role, Bailey will assume responsibility of the group’s finance, fund finance and tax functions.
Bailey joins Pemberton after more than a decade at global private markets firm Pantheon, where he served as chief financial officer and chief operating officer.
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Pemberton has also appointed Christopher Ellerker as head of credit, direct lending, and Matthew Kirsch as head of credit, asset-backed finance. The firm said both bring more than 20 years’ experience in European leveraged finance and credit risk management.
The appointments by Pemberton follow a year of expansion and growth of its multi-strategy European private credit platform, which now manages $30bn of assets.
Alongside these hires, Cassandra Fahy, currently co-head of UK origination alongside Richard Meehan, will join Juergen Breuer as co-head of net asset value financing and general partner solutions in Europe. Fahy will also lead the development of origination activity for Pemberton’s asset-based financing business across the region.
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Meehan will assume sole responsibility for the UK origination team.
Pemberton has also made further senior appointments, including the addition of chief technology officer Sachin Anandikar to its management committee.
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