Investcorp, a leading global manager of alternative investments, has appointed Phil Yeates as managing director to head its European Credit Funds business, a newly created business vertical for Investcorp Credit Management (ICM).

 Yeates will be based in London and will oversee the structuring and fundraising for closed ended credit funds and separately managed accounts in Europe. Yeates will report to Jeremy Ghose, head of Investcorp Credit Management, 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 over three decades’ experience in debt capital markets having started his career in Corporate Debt at Hill Samuel Merchant Bank and NatWest Markets.

Jeremy Ghose, head of Investcorp Credit Management, 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 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.” – TradeArabia News Service