Man Group Hires Jon Rickert to Lead European Real Estate Debt Team
Man Group has appointed Jon Rickert as head of European private debt to support the ongoing expansion of its global private markets business, Man GPM. Rickert will lead the commercial and residential real estate debt team as it expands its activity in key euro-denominated real estate markets and seeks to capitalise on lending opportunities.
Rickert joins from GAM, where he led the real estate debt business for the last three years.
“What attracted me was our shared emphasis on conservative investment positioning given we are in a late stage of the cycle,” he said. “Senior secured real estate loans, particularly in the euro-area, may offer a defensive credit investment for institutional clients and present significant benefits over liquid fixed income.”
Man Global Private Markets focuses on investments in private markets including real and corporate assets across the capital structure globally.
Clearlake Capital Group Announces Team Promotions and Additions
Clearlake Capital Group, L.P. has named five Clearlake veterans as partners and/or managing directors, made several other promotions within the firm, and added new senior-level hires to the team.
The Clearlake team members promoted to partner and/or managing director include Fred Ebrahemi, partner, managing director, general counsel, and chief compliance officer; Dan Groen, managing director; James Pade, partner and managing director; Arta Tabaee, managing director; and Pedro Urrutia, partner, managing director, and chief financial officer.
Vikram Abraham and Brad Kottman have been promoted to senior associate.
Clearlake also announced new additions to the team, including Tony La Rosa, managing director, O.P.S.; Shalini Bala Subramaniam, managing director; Martin Arzac, managing director; and Amanda Fields-Schuler.
Emad Rajaie Joins DoubleLine Capital to Head Middle East Operations
Emad Rajaie has joined DoubleLine Capital LP as head of the firm’s Middle East relationship management.
Rajaie comes to DoubleLine from PIMCO, where he worked for 10 years, based in London, and was co-head of the fixed-income investment manager’s business in the Middle East and Africa.
“The Middle East is a region of strategic importance to DoubleLine,” said Jeffrey Gundlach, CEO and chief investment officer of DoubleLine Capital. “In particular, the Gulf states, with their large reserves in US dollars, require the best in investment management services.”
DoubleLine plans to open an office in the Middle East soon.
Rajaie has 14 years of experience in the financial sector. Before PIMCO, he served as a consultant at Booz & Co. (now part of PricewaterhouseCoopers) and PricewaterhouseCoopers. He holds a Master of Public Administration from Harvard University, an MBA from Saint Louis University, and a Bachelor of Computer Engineering from Concordia University.
Masami Katakura Appointed Chairwoman and CEO of Ernst & Young ShinNihon LLC
Ernst & Young announces the election of Masami Katakura as the new chairwoman and chief executive officer of Ernst & Young ShinNihon LLC.
Katakura was elected to lead the assurance firm at a time when EY as an organization continues its further digitalization and globalization.
“Being the first woman to lead a large audit firm speaks volumes about Masami’s dedication to quality, people, and EY clients,” said Mark Weinberger, Ernst & Young’s global chairman and CEO. “I am hopeful she will pave the way for many more women leaders in Japan and across the globe.”
Katakura will assume her new role at the start of the new Ernst & Young financial year on July 1, when Ernst & Young Japan will integrate fully into the Ernst & Young Asia-Pacific Area.
Oliver E. Wreidt Joins DFG Investment Advisers as CEO
DFG Investment Advisers, Inc. announced that Oliver E. Wriedt has joined the firm as chief executive officer, effective immediately. Wriedt is responsible for overseeing business strategy and day-to-day management of the firm, driving product development, and leading fundraising efforts. Wriedt most recently served as Co-CEO of CIFC Asset Management.
As DFG embarks on its next phase of growth and development, it will unify the firm and its products under one brand, Vibrant. The firm has been a wholly-owned subsidiary of Vibrant Capital Partners, LLC since 2008, and manages eight CLOs and several warehouse vehicles with combined assets of $4.0 billion under the Vibrant brand.
Wriedt has 25 years of experience in lending, structuring, portfolio management, and business development.
Credit Suisse Invests in Sustainable Finance Franchise with Appointment of Global Head of ESG Strategy
Credit Suisse today announces a significant hire to its Impact Advisory & Finance (IAF) department, confirming that Daniel Wild is to take on the newly created role of Managing Director, Global Head of Environmental, Social and Governance (ESG) Strategy. He joins this role from RobecoSAM AG, where he has been Co-CEO of the investment specialist, a leading sustainable asset management firm.
Daniel is a pioneer in the sustainable finance market and brings with him vast experience in ESG and sustainability, which positions him ideally to enhance and expand Credit Suisse’s ESG franchise. He will assume leadership for the development of ESG products and services, the evolution of Credit Suisse’s ESG framework and the integration of ESG across the divisions of the bank globally.
The expertise that Daniel will bring to product development, research and quantitative analysis will equip the Group to meet the ever-growing demand from clients across wealth management, investment banking and asset management; and his appreciation of ESG regulatory trends will ensure that Credit Suisse is implementing best practices within its advisory and investment solutions.
Based in Zurich, he will start later in the year and will report to Marisa Drew, CEO, IAF.
“Since establishing the IAF department in October 2017, we have invested significantly in our franchise and have made great strides in responding to the material growth in interest from our clients for ESG and impact investing opportunities,” Drew said. “I am delighted to welcome such a deeply experienced and respected subject matter expert as Daniel to help us take our ESG offering to the next level.”
Tags: Clearlake Capital, Credit Suisse, DFG Investment Advisers, DoubleLine Capital, Ernst & Young, Man Group, People Moves