Hermes Investment Management has appointed Andrew Jackson to the position of head of fixed income. In his role, Jackson will oversee the firm’s credit and direct lending operations, according to a company announcement.
Hermes’ head of private debt, Patrick Marshall, who was appointed in 2015, will report to Jackson, a spokeswoman for the asset manager confirmed. Jackson, in turn, will report to Eoin Murray, Hermes’ head of investment.
In a statement to PDI, Murray said Jackson would oversee the firm’s public and private market fixed-income offerings. The firm’s private market focus has been on real estate and direct lending to-date. Murray added, however, Hermes is looking to expand its line-up, including building out a fully-fledged multi-asset credit offering.
Jackson was previously with Cairn Capital, serving in the capacity as chief investment officer. He will be based in London and will also sit on Hermes’ strategy group overseeing the development of the asset manager’s business.
Jackson also previously held roles at Fitch Ratings and PricewaterhouseCoopers.