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Stone Tower Capital expands into Europe with Dublin opening

Monday, October 10, 2011
Opalesque Industry Update - Stone Tower Capital LLC, a $ 20 billion alternative credit asset manager, today announced the creation of Stone Tower Europe Limited, headquartered in Dublin, Ireland, to enable the firm to expand its European operations and serve its growing investor base. The firm also announced the appointment of Tim Richards as Managing Director to oversee the firm’s European expansion, along with Alan Kelly, as a Director.

Mr. Richards joined from LBBW Asset Management Ireland where he held the role of Chief Executive Officer from 2007 to 2011. Prior to this, Mr. Richards worked with WestLB Group between 1998 and 2007 in roles as Managing Director at Brightwater Capital, as well as Global Head of Credit Products and Global Head of New Issues. Prior to joining WestLB, Mr. Richards held senior capital markets roles at BNP and Swiss Bank Corporation in Frankfurt and in London.

He also spent five years with the Bank for International Settlements in Basel, Switzerland. < a href=http://www.stonetowercapital.com/ target=_blank>Source

Press release

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