Key Takeaways
- • Aksia has added two experienced private credit professionals, Tod Trabocco as Managing Director, Private Credit Strategist in New York and Veronica Bateman as Senior Vice President, Private Credit Strategist in London, per a Business Wire announcement.
- • Trabocco brings more than 25 years of credit markets experience, most recently as Head of Product and Strategy at Industrial Transportation Equipment (ITE) Management, and previously led private credit research and manager selection at Cambridge Associates.
- • Bateman brings over 19 years of credit markets experience in European debt structuring, placement and restructuring, most recently as Managing Partner at Talbot Leyborne Partners.
- • Both hires strengthen Aksia's global private credit research and advisory platform, with Trabocco reporting to Tim Nest and Patrick Adelsbach and Bateman reporting to Tim Nest and Valerie Benard.
- • Aksia advises on more than $270 billion in client alternative allocations as of July 31, 2022.
Summary
Aksia, a New York-headquartered specialist portfolio advisory firm, has expanded its global private credit team with the hires of Tod Trabocco and Veronica Bateman, according to a Business Wire announcement dated November 3, 2022.
Trabocco has joined the New York office as a Managing Director and Private Credit Strategist, reporting to Tim Nest, Head of Private Credit Research, and Patrick Adelsbach, Co-Head of Advisory Americas. He will work with the investment research team, the portfolio advisory team and clients on investment sourcing and evaluation, as well as portfolio strategy. Trabocco has more than 25 years of credit markets experience. Most recently he was Head of Product and Strategy at Industrial Transportation Equipment (ITE) Management. Earlier, he was head of private credit research and manager selection at Cambridge Associates, where he chaired the credit investment committee, and held private credit roles at Kayne Anderson Capital Advisors and LBC Credit Partners. He began his career as a credit analyst at Moody's.
Bateman has joined the London office as a Senior Vice President and Private Credit Strategist, where she will take part in all phases of the research and investment process. She reports to Tim Nest and Valerie Benard, Head of Aksia Europe. Bateman has over 19 years of credit markets experience advising private equity funds, portfolio companies and corporate clients across Europe on transaction structuring, debt placement and restructuring. She was most recently Managing Partner at Talbot Leyborne Partners, a debt advisory firm. Previously she was a Managing Director at Capital Markets Initiative and worked in European Financial Sponsor Coverage and Leveraged Finance at Bank of America Merrill Lynch and Credit Suisse in London.
Aksia said the hires will support its continued expansion of the global private credit investment team. The firm describes itself as 100% employee owned by its 16 partners, with approximately 380 professionals and offices in San Diego, New York, London, Tokyo, Chicago, Athens and Hong Kong.
Trabocco has joined the New York office as a Managing Director and Private Credit Strategist, reporting to Tim Nest, Head of Private Credit Research, and Patrick Adelsbach, Co-Head of Advisory Americas. He will work with the investment research team, the portfolio advisory team and clients on investment sourcing and evaluation, as well as portfolio strategy. Trabocco has more than 25 years of credit markets experience. Most recently he was Head of Product and Strategy at Industrial Transportation Equipment (ITE) Management. Earlier, he was head of private credit research and manager selection at Cambridge Associates, where he chaired the credit investment committee, and held private credit roles at Kayne Anderson Capital Advisors and LBC Credit Partners. He began his career as a credit analyst at Moody's.
Bateman has joined the London office as a Senior Vice President and Private Credit Strategist, where she will take part in all phases of the research and investment process. She reports to Tim Nest and Valerie Benard, Head of Aksia Europe. Bateman has over 19 years of credit markets experience advising private equity funds, portfolio companies and corporate clients across Europe on transaction structuring, debt placement and restructuring. She was most recently Managing Partner at Talbot Leyborne Partners, a debt advisory firm. Previously she was a Managing Director at Capital Markets Initiative and worked in European Financial Sponsor Coverage and Leveraged Finance at Bank of America Merrill Lynch and Credit Suisse in London.
Aksia said the hires will support its continued expansion of the global private credit investment team. The firm describes itself as 100% employee owned by its 16 partners, with approximately 380 professionals and offices in San Diego, New York, London, Tokyo, Chicago, Athens and Hong Kong.
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