Alcentra, a specialist asset manager focused on the sub-investment grade debt markets, has appointed Paul Hatfield to lead its business in the US.
Hatfield, a managing director with Alcentras London team, is to relocate to New York in September and will be responsible for developing Alcentras business in the leveraged loan market. Hatfield joined Alcentra in 2003 as a portfolio manager for Alcentras European CLO funds.
He will be replaced by Graham Rainbow, who joins as executive director from Barclays Capital, where he spent 13 years most recently as a Director in leveraged finance syndicate. Rainbow will act as portfolio manager with David Forbes-Nixon remaining as senior portfolio manager for Alcentras European CLO funds.
Alcentra is also increasing its US product offering with the addition of two New York-based specialist managers to its group – BNY Mezzanine Partners, a specialist US mezzanine loan manager, and Hamilton Loan Asset Management, a leveraged loan manager. Both businesses were divisions of BNY Mellon Capital Markets, LLC.
“Pauls experience within our market-leading European platform will help us to better serve our US clients,” says David Forbes-Nixon, chairman and CEO of Alcentra. “P. I am delighted to also welcome Graham who will help us continue our growth in Europe. The addition of BNY Mezzanine Partners and Hamilton Loan Asset Management significantly strengthens our position in the US market, increasing the products and capabilities we can offer to clients.”