NEW YORK, Oct. 20, 2020 /PRNewswire/ -- Alcentra, one of
the world's leading managers of private debt with over US$42.1 billion1 of assets under
management and part of BNY Mellon Investment Management, announced
today the appointment of Chris
Mulshine as Head of U.S. Distribution and a member of the
Executive Management Committee. Chris will be based in New York and report to Dan Fabian, President and Chief Operating
Officer.
In this role, Chris will be responsible for defining the
company's long-term sales and marketing strategies in North America, as well as leading the
institutional business activities across all client segments in the
U.S. Chris has extensive experience working in the private credit
and alternative asset management space, with a focus on L.P.
solutions and allocation. Prior to joining Alcentra, he served as
Global Head of Private Credit with the Lazard Private Capital
Advisory team and held other significant fund raising roles at
Credit Suisse, UBS and Goldman Sachs.
Jonathan DeSimone, CEO designate of Alcentra,
said:
"The U.S. is the largest credit market in the world and we are
delighted Chris is joining the North
America team. Chris brings formidable private credit and
alternatives experience to the role to help in these efforts. We
believe his deep knowledge of our business and industry experience
will be a valuable asset in underscoring our commitment to expand
our U.S. investor base."
Mulshine commented on his appointment:
"I am thrilled to join Alcentra during this extraordinary point
in time, where investors are looking for new options to drive alpha
in today's low interest rate environment. I am excited to apply my
25 years of industry experience to support Alcentra in further
elevating its brand as a best in class credit investment solution
with an expanding institutional and retail client base."
Alcentra has an investment track record that dates back to 2002.
The firm offers a broad spectrum of global credit expertise,
including senior loans, high yield bonds, direct lending,
structured credit, distressed debt, and multi-strategy credit.
Note to editors:
About Alcentra
Founded in 2002, Alcentra is one of Europe's largest and longest tenured managers
of private debt with over US$42.1
billion of assets under management, as of August 31, 2020 (including accounts managed by
Alcentra NY, LLC, Alcentra Limited, and assets managed by Alcentra
personnel for affiliates under dual officer arrangements).
Strategies include senior loans, high yield bonds, direct lending,
structured credit, distressed debt, and multi-strategy credit.
Alcentra is a subsidiary of The Bank of New York Mellon Corporation
and is headquartered in London,
with offices in New York,
Boston and San Francisco as well as representatives in
Singapore and Hong Kong.
The Bank of New York Mellon Corporation holds the majority of
The Alcentra Group, which is comprised of the following affiliated
companies: Alcentra Ltd. and Alcentra NY, LLC. are registered with
the U.S. Securities & Exchange Commission under the Investment
Advisers Act of 1940. Alcentra Ltd is authorized and regulated by
the Financial Conduct Authority – Registration number 196845 - and
regulated by the Securities Exchange Commission – Registration
number 801-74223. Registered office for Alcentra Ltd is 160 Queen
Victoria Street, London, EC4V 4LA, UK. Alcentra NY, LLC is
regulated by the Securities Exchange Commission – Registration
number 801-62417. Registered office for Alcentra NY, LLC is 200
Park Avenue, New York, NY 10166,
USA. Assets under management
reflect assets of all accounts and portions of client accounts
managed by Alcentra and its affiliates.
About BNY Mellon Investment Management
BNY Mellon Investment Management is one of the world's largest
investment firms, with $2.0 trillion
in assets under management as of September
30, 2020. Through an investor-first approach, BNY Mellon
Investment Management brings to clients the best of both worlds:
specialist expertise from eight world-class investment firms
offering solutions across every major asset class, backed by the
strength, stability, and global presence of BNY Mellon, one of the
world's most trusted investment partners. Additional information on
BNY Mellon Investment Management is available on
www.im.bnymellon.com.
BNY Mellon Investment Management is a division of BNY Mellon,
which has $38.6 trillion in assets
under custody and/or administration as of September 30, 2020. BNY Mellon can act as a
single point of contact for clients looking to create, trade, hold,
manage, service, distribute or restructure investments. BNY Mellon
is the corporate brand of the Bank of New York Mellon Corporation
(NYSE: BK). Additional information is available on
www.bnymellon.com. Follow us on Twitter @BNYMellon or visit our
newsroom at www.bnymellon.com/newsroom for the latest company
news.
Media Contacts:
Ben
Tanner
Tel: +1 212 635 8676
Email: ben.tanner@bnymellon.com
All information sourced by BNY Mellon as of 31 August 2020. This press release is qualified
for issuance in the UK and Europe
and is for information purposes only. It does not constitute an
offer or solicitation of securities or investment services or an
endorsement thereof in any jurisdiction or in any circumstance in
which such offer or solicitation is unlawful or not authorized.
This press release is issued by BNY Mellon Investment Management
EMEA Limited to members of the financial press and media and the
information contained herein should not be construed as investment
advice. The value of investments can fall. Investors may not get
back the amount invested. Income from investments may vary and is
not guaranteed. Investment Managers are appointed by BNY Mellon
Investment Management EMEA Limited (BNYMIM EMEA) or affiliated fund
operating companies to undertake portfolio management activities in
relation to contracts for products and services entered into by
clients with BNYMIM EMEA or the BNY Mellon funds. Registered office
of BNY Mellon Investment Management EMEA Limited: BNY Mellon
Centre, 160 Queen Victoria Street,
London, EC4V 4LA. Registered in
England no. 1118580. Authorized
and regulated by the Financial Conduct Authority. A BNY Mellon
Company.
1 Source: US$42.1 billion, Alcentra as of
August 31, 2020. The term "and/or
"Alcentra Group" refers to both Alcentra NY, LLC and Alcentra
Limited. Assets under management reflect assets of all accounts and
portions of accounts managed by Alcentra for Alcentra and its
affiliates. Specifically, certain assets under management reflect
assets managed by Alcentra personnel as employees of The Bank of
New York Mellon Corporation, Mellon Investments Corporation
("Mellon"), and BNY Mellon Investment Adviser, Inc. under a dual
employee arrangement.
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SOURCE Alcentra