CVC Credit hires new MD in London

Josefa Llinares, a deal sourcing specialist, has had previous roles with Taconic Capital, Triton Partners, Barclays Capital and Deutsche Bank.

Josefa Llinares

CVC Credit Partners, the credit arm of private equity firm CVC, has hired Josefa Llinares as a managing director with responsibility for sourcing investment opportunities across the credit platform.

Llinares, who will be based in the firm’s London office, was previously a sourcing consultant with investment firms Taconic Capital and Triton Partners.

Prior to that, she headed the sourcing team at Barclays Capital where she was responsible for the sourcing of distressed, stressed and performing credits and, from 2004 to 2010, she worked in distressed sourcing at Deutsche Bank.

“I look forward to working with the team to source excellent credit opportunities for CVC Credit Partners across the European markets as banks continue to reduce their impaired assets,” she said in a statement.

In September last year, Hamish Buckland became the new chairman of CVC Credit Partners, replacing Stephen Hickey, who left for personal reasons. Buckland joined from Triton Partners but spent the bulk of his career at JPMorgan, where he ran the European leveraged finance business from 2001 to 2008.

In January this year, CVC Credit appointed Gretchen Bergstresser as global head of performing credit, a newly created role. Bergstresser had headed the firm’s US performing credit strategy since 2005.

CVC Credit was formed in 2005 and has 54 dedicated investment professionals and $18.7 billion in assets under management (as at March 31 2018).