AnaCap promotes two to partner

The financial services-focused firm has promoted Amber Hilkene and Michael Edwards to partner in their roles of head of investor relations and communications and chief operating officer.

UK-based AnaCap Financial Partners has promoted Michael Edwards and Amber Hilkene to partners within their current roles as chief operating officer and head of investor relations and communications, according to a statement from the firm.

Hilkene joined AnaCap as its fifth member in 2006 shortly ahead of the final closing of its €300 million debut fund. She drives the firm’s investor relations, fundraising and public relations activities, and had led the development of relationships with global institutional investors.

Edwards joined AnaCap in 2007 and is responsible for overseeing and managing the operations and investment process.

“As we continue to grow as a firm, it’s fantastic to bring into the partnership two individuals who have been so dedicated to the firm for so long,” AnaCap co-managing partner Joe Giannamore said in the statement. “Expanding the partnership gives us a broader base to develop the business in a robust manner.”

The promotions come as the European financial services specialist looks to raise capital for its third Credit Opportunities Fund. 

In September, AnaCap bought €1.2 billion in credit claims from Italian bank Unicredit using the fund. The loans are linked to small and medium sized enterprises in Italy. 

The portfolio was the third the firm bought from the bank, bringing the total to around €6 billion in non-performing loans. AnaCap also bid on a £2.7 billion Central and Eastern European loan book in June. The transaction was pulled by Austrian seller the Erste Bank in September however.

In June, the District of Colombia Retirement Board committed $30 million to AnaCap's Fund III. In May, the $24.6 billion Texas County & District Retirement System committed €45 million.