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Bailey McCann, Opalesque New York: London-based $28 billion credit shop Alcentra has hired Glenn Weiner to the newly created role of Head of Consultant Relations for the Americas. Weiner will be based in the firm's New York office and report to Jack Yang, Head of the Americas, Global Head of Business Development who was brought on last year.
Weiner will focus on strengthening relations across the North American consultancy community. Glenn brings over a decade of experience developing and managing relationships with US consultants. He joins from Guggenheim Partners, where he was a Managing Director and Head of US Consultant Relations. Prior to joining Guggenheim, Glenn was with Babson Capital Management where he was Co-Head of US Consultant Relations, and prior to Babson, he held consultant focused positions at Capital Guardian Trust, Wellington Management, and Barra Rogerscasey.
Alcentra has been expanding its operations and business of late. The firm is currently in market with its second pan-European direct lending fund which is targeting €2 to €2.5 billion. Fund one closed on €1.25 billion in 2014. The firm's direct lending and credit alternatives business accounts for 31 percent of AUM and is one of the fastest growing business lines.
"What we're seeing in the market today amounts to one of the most radical asset allocation shifts I’ve seen in my career," Alcentra CEO David Forbes-Nixon, tells Opalesque. "The next 10 years could be golden y...................... To view our full article Click here
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