Ares Management appoints co-head of Europe for alternative credit
Ares Management has appointed Richard Sehayek as co-head of Europe for alternative credit.
He will work alongside current co-head of Europe for alternative credit, Stefano Questa.
Sehayek joined Ares in 2023 as part of the alternative credit team, which focuses on asset-based finance.
Prior to Ares, he was a managing director and global head of origination for fund financing at Credit Suisse for over a decade. In this role, he was responsible for financing secured by private fund assets.
Sehayek has also served as an executive director at KBC Financial Products, where he led origination and structuring in Europe for fund derivatives.
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“We are excited to appoint Richard as co-head of Europe as we continue to drive the growth of our alternative credit strategy across the ABF markets,” said Kevin Alexander, co-head of alternative credit at Ares.
“I have known and worked with Richard in various roles for over 20 years and have been impressed with his leadership and strategic vision. He brings a wealth of knowledge and demonstrates a clear commitment to the Ares culture, and we look forward to our continued partnership.”
The Ares alternative credit strategy manages approximately $41.6bn (£31.5bn) in assets under management as of December 31, 2024.
The team invests across the capital structure and seeks opportunities in large, diversified portfolios across various sectors, including specialty finance, lender finance, equipment leasing, structured products, net lease, cash flow streams such as royalties, licensing, and management fees, and other asset-focused investments.
“The European markets present an exciting and expanding opportunity for ABF, and Richard’s appointment reinforces Ares’ differentiation and strength as a leader in the asset class,” added Questa.
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Sehayek said he has been “energized by the innovation and drive” on display since joining Ares.
“I am honored to help lead our efforts in Europe alongside Stefano, especially given the growth we see ahead for ABF in these dynamic markets,” he said.
Ares and Ares Alternative Credit portfolio managers have committed to donate a portion of the performance fees from its alternative credit Pathfinder family of funds to support global health and education charities.
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