Hayfin bolsters private credit team
European alternative asset management platform Hayfin Capital Management has appointed Michaela Campbell as a managing director in its private credit team.
Campbell will be responsible for overseeing the team’s portfolio monitoring and risk profile across new and existing investments.
She will be based in Hayfin’s headquarters in London and work closely with portfolio managers and co-heads of direct lending Mark Bickerstaffe and Marc Chowrimootoo.
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Campbell’s appointment comes as Hayfin continues to deploy significant capital through its flagship private credit strategy, having last year exceeded a €6bn (£5.1bn) target fundraise for Hayfin Direct Lending Fund IV.
Recent investments across Hayfin’s private credit strategies include loans supporting IK Partners’ acquisition of French fire safety company Eurofeu Group and Näder Holdings’ repurchase of a minority stake in leading global orthotics company Ottobock.
Prior to joining Hayfin, Campbell spent five years at BlackRock in the risk and quantitative analytics team and most recently served as co-head of global investment risk for private credit and private equity.
Before joining BlackRock, she worked at GE Capital for more than a decade, where she held several roles in London and Abu Dhabi with a focus on underwriting, portfolio management and restructuring of leveraged loans.
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“[Michaela] brings with her a wealth of directly transferable skills and insight from her previous roles,” said Bickerstaffe.
“Michaela joins Hayfin at an exciting time as we look to capitalise on the recent increase of institutional asset allocation towards private credit in Europe and build on our recent private financing success across the continent. Establishing a specialised portfolio monitoring team is an important step for us as we continue to grow the capacity and ambition of our private credit strategy.”
Campbell added: “Hayfin has experienced remarkable growth in recent years and has consistently proven that it can deploy capital at scale and at speed, whilst maintaining a conservative risk profile. Its unparalleled network and connections across the European market are equally impressive. I look forward to working alongside my new colleagues and industry partners across Hayfin’s private credit strategy.”
Hayfin’s core private credit strategies comprise direct lending, through which Hayfin invests in performing loans to primarily European middle-market companies; tactical solutions in which the firm has a flexible mandate to pursue opportunistic investments with credit-like risk profiles at enhanced returns; and special opportunities, where it invests flexibly in a range of unique opportunities across industries, markets and sub-strategies in situations where financing may be scarce.
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