Head of Specialty Finance at JP Morgan Joins LCM Partners

LONDON, February 18, 2015 /PRNewswire/ --

LCM Partners (LCM), a leading European credit specialist, is pleased to announce that Fernando Yanez will be joining its investment management team in April as a Managing Director.

Fernando is a qualified lawyer and an accomplished investment banker with over 17 years' experience, most recently as Head of Specialty Finance and FIG M&A at JP Morgan (EMEA). Fernando joined JP Morgan in 2005 and moved to London in 2009, building JP Morgan's Specialty Finance unit to be one of the best in Europe. Prior to this he specialised in M&A as a lawyer with Sidley Austin Brown & Wood in New York and Basham in Mexico.

Paul Burdell, Chief Executive Officer at LCM, commented:

"Fernando's experience and well-earned reputation will complement our existing team. This and the strength of his industry relationships will further enhance our sourcing of transactions; already a key advantage of LCM which has invested in over 1,800 portfolios across Europe. Moreover, as a leading figure in European speciality finance, Fernando's sell side expertise means he completely understands what value represents and therefore his transition from investment banking to fund management will be seamless. We are delighted to welcome him on board."

Fernando Yanez commented:

"I am delighted to be joining LCM at such an important juncture in the company's growth. Whilst I would never have considered leaving JP Morgan for another investment bank this opportunity is just too good to turn down.

I have worked with the team and I understand their strengths and the quality of their track record.

Having had this experience with them further convinced me that their ambitions closely matched mine and that this is an organization that I want to be a part of."

Notes to editors:  

LCM Partners is a specialist fund manager, which offers unrivalled investment expertise in credit; acquiring in excess of 1,800 portfolios representing over €11 billion of face value.  

The firm is a member of the Link Financial Group, one of Europe's largest buyers and servicers of performing and non-performing loans. Over the last four years, LCM has successfully launched two consumer NPL funds in collaboration with Insight Investment and in July 2014 launched its new Credit Opportunities Fund under the LCM Partners brand.