Channel Capital Advisors appoints head of fundraising
Channel Capital Advisors, a private credit asset manager specialising in asset-backed lending, has appointed Erik Mermet as head of fundraising.
The firm has hired Mermet for his nearly two decades of experience raising capital from institutional and private wealth investors across EMEA, North America and Asia, to support its continued growth.
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Mermet, who will be based in Channel’s London office, joins from Stride Ventures, where he was director of capital formation.
Prior to this he was head of business development at Goanna Capital and has also held senior distribution roles at Sarasin and Partners, Lombard Odier and Deutsche Bank.
In a statement, Channel said it is “excited to have Erik, with his wealth of capital formation expertise, joining us as we continue to grow”.
Read more: Vertis hires head of capital formation
In July, Channel announced the first close of its Corniche Sharia investment fund as part of its strategy to broaden institutional access to ethical Sharia-compliant strategies.
The fund is designed to provide investors with access to the returns of asset-backed and receivables finance opportunities.
Channel deploys private capital across asset-based lending solutions to the innovation economy and specialty finance sectors, and has approximately $26bn (£19.2bn) in cumulative capital invested.
