Investcorp, a leading global provider and manager of alternative investments, has announced the appointment of Phil Yeates as the managing director to head its European credit funds business, a newly created venture of Investcorp Credit Management (ICM).
The London-based official will oversee the structuring and fundraising for closed-ended credit funds and separately managed accounts in Europe.
He will report to Jeremy Ghose, head of ICM, the firm’s global credit investment business.
Yeates joins ICM following 24 years at Rothschild & Co., where he was instrumental in establishing and developing the global credit management business.
He brings with him an experience of over three decades in debt capital markets. He started his career in corporate debt at Hill Samuel Merchant Bank and NatWest Markets.
Commenting on the appointment, Ghose, said: “We are delighted to welcome Phil Yeates to the team, who has extensive market experience and a strong track record. Since our business was acquired by Investcorp in March, 2017, ICM has continued to show stability and growth as a well-established, diverse and global alternative credit manager. We look forward to expanding our platform and product offering, creating new opportunities for our investors as part of Investcorp’s long-term growth strategy.”
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