CVC Credit Partners has made several hires to its London and New York teams recently as the firm continues its build out. Ran Landmann, Mitchell Glynn, Lucie Bonnieux have joined the firm’s London office, while Caroline Benton has joined the firm’s New York office.
In London, Ran Landmann joins as a managing director at the start of September. He worked at New York based multi-strategy hedge fund Owl Creek Europe Management until November 2012, and prior to that for the European team at Sandell Asset Management, the New York multi-strategy hedge fund in the distressed/credit opportunities group.
Mitchell Glynn joins this month as an investment executive from Neuberger Berman where he worked since 2008 as an associate research credit analyst, and prior to this he interned at LightPoint Capital Management.
Lucie Bonnieux joined the team as an analyst in July 2013 from Societe Generale CIB where she worked as an analyst in leveraged finance in London and Madrid.
In New York, Caroline Benton joined the New York office this year as managing director, having previously spent 15 years at Goldman Sachs in proprietary investing and risk management functions in the special assets, global bank loan distressed investing, and special situations investing groups within the fixed income division.
CVC Credit Partners focuses on the sub-investment grade debt capital markets in the US and Europe, and manages $9.6 billion in assets across 32 vehicles in the two regions. It latest European product offering is its listed vehicle – CVC Credit Partners European Opportunities Limited – for which raised €351 million in June. The share price of the fund as at August 19 was £1.0212/€1.015.
In addition, the firm is working with Goldman Sachs on a new European 2.0 CLO.
In the U.S., the firm has priced three vehicles this year, Apidos CLO XI ($400 million), Apidos CLO XII ($523 million) and Apidos CLO XIV ($617 million), according to the firm. – Sarah Husband