Investec’s head of legal for its fund solutions business has been appointed to the fund finance executive committee of the Loan Market Association (LMA).
In his new role, which he will hold alongside his existing position at Investec, Alan Macdonald (pictured) will help to oversee the LMA’s fund finance strategy in line with the LMA’s objectives of enhancing efficiency, liquidity and transparency in the loan markets.
“Alan’s appointment to the LMA’s fund finance executive committee is testament to his ability and leadership in the sector,” said Grant Crosby, head of fund solutions at Investec.
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“With many years of experience working in Investec’s market-leading fund finance business, across the full breadth of fund finance products, Alan is well positioned to support the LMA’s important work in this area. We are proud to see him take on this important role, which not only reflects his individual capabilities but also reinforces Investec’s commitment to advancing industry standards and best practice in the fund finance sector.”
Macdonald said: “I am delighted to contribute to the LMA’s important work in fund finance, in support of its mission to promote liquidity, transparency and efficiency in the loan markets. The remarkable growth of fund finance in the last few years speaks to the resilience and versatility of the asset class, and I am excited to be working with the LMA as we define the next chapter for our industry.”
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The LMA is an industry body that aims to improve liquidity, efficiency and transparency in the primary and secondary loan markets in Europe, the Middle East and Africa.
It works with lenders, law firms, borrowers and regulators to educate the market about the benefits of the loan product, and to remove barriers to entry for new participants.
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