PE Tech Report


Like this article?

Sign up to our free newsletter

CVC Credit Partners adds to Private Credit team

CVC Credit Partners (CVC Credit) has appointed John Empson as Partner and Co-Head of Private Credit, and Miguel Toney as a Partner in the Private Credit team.Empson has nearly 40 years of experience and is joining from Blackrock where he was Head of Capital Markets, EMEA. Prior to Blackrock, Empson was a Partner at KKR where he spent 11 years helping with the strategic build out of KKR’s Credit and Markets platform. Empson was also a member of the KKR EMEA private equity Investment Committee and the KKR EMEA Portfolio Management Committee.

Toney is joining from Park Square Capital where he has been a Partner focussed on their European junior capital strategy. Prior to this, he was a Managing Director at MV Credit where he helped build out their European junior capital and senior debt capabilities. Across both roles, he has a combined 16 years of experience in private credit.

Alongside Andrew Davies, Partner and Co-Head of Private Credit, Neale Broadhead, Caroline Benton and Chris Fowler, CVC Credit has established a strong senior team focussed on the private credit opportunity and will continue to selectively grow and strengthen the group.

Ken Young, Managing Partner, CVC, says: “I am delighted that John and Miguel are joining CVC Credit. They are both incredibly high quality professionals, with very deep experience and a desire to build a world class private credit platform. We expect very significant growth across CVC Credit over the next three to five years. Strategically, this is a huge area of focus for the CVC Group.”

Davies, Partner and Co-Head, Private Credit, adds: “I’m very excited John and Miguel are joining. We are hugely committed to increasing our presence as a provider of private credit financing solutions, as recently demonstrated on Curium where we underwrote €315 million of PIK. With these senior additions working alongside the existing team, we are incredibly well positioned to grow this platform.”

Like this article? Sign up to our free newsletter