NorthWall Capital names Scott Carpenter as chief operating officer
NorthWall Capital has appointed Scott Carpenter as chief operating officer.
The Western Europe-focused credit investment firm said that Carpenter, who started his role last month, has 35 years of experience in a wide variety of financial management roles.
Most recently, he spent 11 years at Alpha Wave Global, a global investment company with $19bn (£14.8bn) of assets under management that focuses on private equity, private credit and public markets. He joined the firm at inception and rose to the role of chief operating office.
Read more: NorthWall Capital scales up credit business
Prior to that, he held positions at CQS (now Manulife | CQS Investment Management) and Credit Suisse.
He replaces founding partner and chief operating officer Ian Lokkerbol, who will retire at the end of July to pursue a career in nature conservation.
Lokkerbol will continue to support the management team in an informal advisory capacity.
“We are delighted to welcome someone of Scott’s calibre to NorthWall,” said Fabian Chrobog, founder and chief investment officer at NorthWall Capital.
“His significant experience of stewarding private capital and alternative credit firms through periods of growth will be invaluable as we enter the next phase in our development.
Read more: Private credit “golden age” to continue
“It is with great sadness that we say farewell to Ian, who has been an integral part of the NorthWall journey since we founded the firm in 2017.
“Over the last seven years Ian has been instrumental in building a best-in-class infrastructure and in shaping a culture that has helped NorthWall develop a near-perfect team retention track record since inception. On behalf of the entire NorthWall team I wanted to thank Ian for his contributions and wish him the best in his future endeavours.”
Carpenter said: “I am thrilled to be joining NorthWall at such an exciting stage in the company’s growth.
“Over the past seven years, Fabian, Alex, Ian and the entire team have established the firm as a leading European credit investment manager and laid a strong platform for future growth. I look forward to supporting the firm in further capitalising on the increasing opportunity for European credit.”
In June, NorthWall announced the final close of its flagship NorthWall European Opportunities Fund II and associated vehicles with more than €640m (£539m) raised, beating its initial €500m target and more than doubling the size of its predecessor vintage.