European credit specialist, AlbaCore Capital Group, has appointed Diarmuid Curran as Managing Director and Portfolio Manager, with the mandate of focusing on AlbaCore’s leading European CLO platform – both new issuance and existing CLO fund management.
He will report to Deborah Cohen Malka, Partner and Portfolio Manager, who leads the CLO business.
Diarmuid joins AlbaCore from Napier Park Global Capital, where he served as a Portfolio Manager. In that capacity, he was responsible for managing a portfolio of European loans and High Yield bonds held in CLOs as well as credit selection and underwriting as a member of the Investment Committee.
In March of this year, AlbaCore successfully priced AlbaCore Euro CLO VII – its 7th CLO – bringing the total value of CLO platform assets under management to c. €2.9bn.
The CLO platform incorporates negative ESG screening criteria in combination with AlbaCore’s fundamental research and risk focused ESG considerations, including restrictions on the industries in which the CLO can invest.
