John Bakie
A local presence is expected to improve the firm’s deal origination in the region.
Emerging markets-focused debt funds have grown significantly in the past decade.
The hires form part of the firm’s plans to grow its credit business by diversifying its client base and generating synergies across asset classes.
The funding will boost support for UK and European entrepreneurs who need capital without giving up equity control.
The appointment comes as the global economic cycle is “more advanced”, according to the firm’s chief executive.
Vehicle will provide opportunities for low-ticket-size investors to access infrastructure debt through co-investments.
The UK has been a hotbed for real estate debt funds, but uncertainty over Brexit and a high level of competitiveness are taking their toll.
The programme will look to provide single loans for real estate projects in Western Europe.
John Bakie looks at how PensionDanmark is merging its private debt and alternatives teams under the leadership of Kim Nielsen to better target opportunities across the capital structure.
The UK has been a hotbed for real estate debt funds, but uncertainty over Brexit and a high level of competitiveness are taking their toll.