Ahmed Hamdani and Duncan Priston have joined the London team of Bayside Capital, the distressed debt and special situations affiliate of HIG Capital.
Hamdani has more than ten years of experience in the European distressed market. He was previously a portfolio manager at Trafalgar Asset Managers, a London based credit hedge fund where he managed its distressed credit fund. At Bayside, he will lead the firm’s non-corporate distressed investment team focusing on a number of asset classes including real estate, shipping and aircraft.
Priston has over ten years experience in the European distressed market. He was previously a partner and head of European trading at Strategic Value Partners, a special situations and distressed debt hedge fund. Before that, he held various senior positions at Houlihan Lokey and Morgan Stanley. At Bayside, he will lead the firm’s non-control distressed corporate debt investment team.
Sami Mnaymneh, co-founder and managing partner of HIG, says: “I am delighted to welcome Ahmed and Duncan to the firm. They are both very experienced and successful investors who significantly add to the expertise and capabilities of our Bayside team. I am confident they will play an instrumental role in Bayside’s continued development and growth.”
Bayside Capital is currently investing out of a pool of available capital in excess of USD2bn.
