Key Takeaways
- • Man Global Private Markets, part of UK-listed Man Group, appointed Matthew Moniot and Jonathan Imundo as co-heads of credit risk sharing, both joining from alternative credit manager Elanus Capital Management.
- • Moniot, who founded Elanus in 2010 to execute credit risk sharing transactions with European banks, will manage Man GPM's new credit risk sharing strategy and team and is based in London.
- • Imundo remains president and head of client solutions at Elanus, focusing on business development for Man GPM while based in New York; he previously spent a decade at Barclays.
- • Cambridge Associates named four investment managing directors across Europe—Stefan Lummert, Nick Rees, Devon Zimmerling and Sarah Acheson—to meet client demand for private markets and sustainable investments.
- • Lummert will be based in Munich and focus on infrastructure, private credit and private equity for institutional clients in the DACH region, reporting to Alex Koriath.
Summary
Moniot will manage the new credit risk sharing strategy and team at Man GPM, including portfolio management and origination. He founded Elanus in 2010 to execute credit risk sharing transactions with European banks. Before creating Elanus, he managed an international financials portfolio at Millennium Management and held portfolios at Omega Advisors and Lehman Brothers. He is based in London. Imundo will continue as president and head of client solutions at Elanus, spending most of his time on that business, while focusing on business development at Man GPM. He spent a decade at Barclays before Elanus, most recently as a managing director, and is based in New York.
Cambridge Associates, the global investment firm, has made four senior hires across Europe to meet client demand for private markets and sustainable investments. The firm named Stefan Lummert, Nick Rees, Devon Zimmerling and Sarah Acheson as investment managing directors.
Lummert will be based in Munich, reporting to Alex Koriath, head of the European pension practice and regional head of Germany. He will manage client portfolios with an emphasis on infrastructure, private credit and private equity. He previously spent more than two decades working with institutional investors in the DACH region at JP Morgan Asset Management and Allianz.
Rees will join in London to help European private clients navigate private wealth, reporting to Chris Ivey, head of the European private client practice. The firm said his experience in ESG, alternative investments and structuring will support growing demand for sustainable and impact investing. Rees has 23 years of experience in institutional investing and the family office sector, including at Blu Family Office and Absolute Return Partners. Zimmerling, who is re-joining the firm after working in venture capital, and Acheson, who transferred from the firm's real assets team, will also join the European private client practice in London to support the private investment team. Acheson will apply her private real estate experience to help wealthy families with significant real estate exposures across Europe.
Christopher Hunter, chief executive officer at Cambridge Associates, said the firm was "delighted to welcome these four investors" and that they "significantly bolster our expertise across both private markets and sustainable investments."
Go deeper than the headline
Research every firm in this story, track the ones that matter and get the daily briefing — free for 7 days.