Capital Dynamics Launches Private Credit Asset Management Business
Industry Veterans Jens Ernberg and Thomas Hall Lead New Private Credit Strategy, Expanding the Firm's Global Investment Platform
NEW YORK, Sept. 19, 2017 /PRNewswire/ -- Capital Dynamics, a global private asset manager, has launched a dedicated Private Credit Asset Management business. Experienced industry executives Jens Ernberg and Thomas Hall have joined Capital Dynamics to co-lead the company's new private credit initiative. They are based in Capital Dynamics' New York office and are members of the company's Executive Committee.
Capital Dynamics' Private Credit Asset Management business will leverage the firm's extensive fund-of-fund and co-investment general partner relationship network to originate and invest in private debt transactions for mid-market companies owned or controlled by private equity sponsors. The Private Credit initiative represents a natural extension of Capital Dynamics' core strategic focus of delivering capital solutions to the mid-market private equity community. Supported by a proven multi-strategy asset management platform, the team will distinguish itself by leveraging Capital Dynamics' powerful global sourcing network to gain privileged access to investment opportunities offering compelling risk adjusted returns.
Ernberg and Hall each bring approximately 20 years of industry experience and considerable expertise in structuring and underwriting private credit transactions. Prior to joining Capital Dynamics, they worked together for 10 years and were responsible for co-founding and running the mid-market direct lending business at Credit Suisse, where they originated over USD 2 billion of private debt across more than 50 transactions since 2011.
"We have been thoughtfully considering an expansion into the private credit market for some time, and we are confident that we now have the right team and strategy in place to take full advantage of the opportunities in this growing market," said Martin Hahn, CEO of Capital Dynamics. "Combining Jens and Thomas' deep private credit expertise with our global investment platform and rigorous risk management capabilities ideally positions us to deliver superior outcomes to our investors."
"Capital Dynamics has an impressive track record of successful investments in mid-market private assets, and we are eager to expand the company's offerings and capacity to deliver a more comprehensive suite of capital solutions to the market," said Ernberg.
"Jens and I share Capital Dynamics' vision and determination to deliver innovative and bespoke solutions to investors," said Hall. "Mid-market private credit offers compelling risk-weighted returns and represents a natural extension of the firm's investment platform. We look forward to serving Capital Dynamics' existing clients as well as building new relationships globally."
The Private Credit Asset Management business will build on Capital Dynamics' established private asset platform and track record of success across a number of strategies including private equity primaries and secondaries, private equity direct co-investments and direct investments in clean energy infrastructure.
For further information please contact
Nicole Schoenberg
Prosek Partners - Media representative for Capital Dynamics
212-279-3115, X236
nschoenberg@prosek.com
About Capital Dynamics
Capital Dynamics (the "Firm") is an independent, global asset manager, investing in private equity, private credit and clean energy and infrastructure. We are client-focused, tailoring solutions to meet investor requirements. The Firm manages investments through a broad range of products and opportunities including separate account solutions, investment funds and structured private equity products. Capital Dynamics currently has over USD 28 billion in assets under management/advisement1.
Our investment history dates back to 1988. Our senior investment professionals average over 20 years of investing experience2. We believe our experience and culture of innovation give us superior insight and help us deliver returns for our clients. We invest locally while operating globally from our London, New York, Zug, Tokyo, Hong Kong, San Francisco, Munich, Birmingham, Seoul and Scottsdale offices.
1Capital Dynamics comprises Capital Dynamics Holding AG and its affiliates; assets under management/advisement, as of March 31, 2017 include assets under discretionary management, advisement (non-discretionary), and administration across all Capital Dynamics affiliates. 2Average years of experience held by Capital Dynamics' Managing Directors and Directors in Investment Management.
Disclaimer
Capital Dynamics comprises Capital Dynamics Holding AG and its affiliates. Capital Dynamics, Inc. is registered as investment advisors with the U.S. Securities and Exchange Commission ("SEC"). Capital Dynamics Broker Dealer LLC. is a broker dealer registered with the SEC and is a member of the Financial Industry Regulatory Authority. Capital Dynamics Limited is authorised and regulated by the Financial Conduct Authority (FCA) in the United Kingdom. For residents of the UK, this information is only directed at persons who have professional experience in matters relating to investments or who are high net worth persons, as those terms are defined in the Financial Services and Markets Act 2000. This press release is not an offer of securities for sale. Securities may not be offered or sold in the United States absent registration or an exemption from registration. The information herein should not be considered investment advice and is not intended to substitute for the exercise of professional judgment.
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