First Avenue has hired Fabiana Andrade, formerly vice president at Credit Suisse, to lead the firm’s activities in the southeastern US and Latin America, a source familiar with the matter told Private Debt Investor.
Andrade will start the position – working in debt, equity, infrastructure, and real estate – in February. She will be based in the placement agent and advisory firm’s new office in Dallas, Texas.
The firm declined to comment on the hire.
Most recently, Andrade was a vice president at Credit Suisse’s private funds group. She lead the Swiss firm's activities across all asset classes there.
Her hire comes on the heels of another recent addition to the Dallas team. Andy Hayes will manage originations across the US and Asia from the new Texas office, the firm said on 11 January.
Previously, Hayes served 13 years at Oregon State Treasury, where most of his tenure he was an investment officers advising a global private equity portfolio of approximately $15 billion, the company also said. Prior to Oregon State Treasury, he worked as an analyst providing due diligence for the firm R.V. Kuhns & Associates.
The Dallas office will open this March, according to a statement.
First Avenue is a global placement and advisory agent focused on private funds and private companies. The firm helped close Crescent Capital’s $4.6 billion mezzanine fund announced last week. In October, the Freeport First Lien Loan Fund III closed, which First Avenue helped raise, with $518 million in commitments, as Private Debt Investor previously reported.