Nuveen Private Capital hires head of Nordics business development
Nuveen Private Capital has appointed Otto Donner as head of Nordics business development.
Donner, who has more than 20 years of regional expertise, will be based in Arcmont’s office in Stockholm, Sweden.
Previously, he was head of Nordics, sales and business development at M&G Investments, where he led business development in the Nordic region for four years with a focus on pension funds, insurance companies, and banks.
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Prior to M&G, he served as director of sales and business development at BMO Global Asset Management and was responsible for building institutional investor relationships in the Nordic region.
Donner also held various positions at East Capital Asset Management, including head of Nordics business development.
“As we continue to build on the very successful investor base in the Nordics of Arcmont and Churchill, through Nuveen Private Capital, Otto’s extensive experience in business development and client services within the region and across asset classes will be invaluable to our firms,” said Anthony Fobel, chief executive of Arcmont Asset Management.
“Otto will play a critical role in supporting Nuveen Private Capital’s Nordic investor base, allowing us to further expand our private markets platform in the region.”
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Nuveen Private Capital was formed in March 2023 following Nuveen’s majority acquisition of Arcmont Asset Management, which in combination with Churchill Asset Management, created a $75bn (£59bn) private capital platform.
Collectively, Churchill and Arcmont deployed $20bn over the last twelve months ended September 30, 2024.
Donner’s hire continues expansion of the firm’s European client coverage across private credit and equity, having recently appointed Katherine Elmore-Jones as head of private equity business development in Europe, Ralph van Daalen as head of business development, Netherlands and Ralph Hora as partner and head of DACH, business development.
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