Investec Specialist Bank has added new hires to its fund finance team, led by Simon Hamilton, global head of fund finance.
Based in the team’s London office, Nick Rusling, Alan Macdonald, Ian Weise and Oliver Bartholomew will play a key role in the development of the fund finance team as an innovative and agile financing provider.
Rusling joins from Barclays’ debt finance team. In his previous role as Director, he created a number of innovative financing structures provided by Barclays and handled the management of the sales process of a book of debt to Ares in December 2015.
Macdonald joins Investec Fund Finance’s legal risk team from Debevoise Plimpton, where he worked in its corporate finance team. He has over seven years’ post-qualification experience across financial law with particular expertise in leveraged and investment grade financing.
Wiese joins from Investec’s Johannesburg office, where he was a part of the specialised finance team for the last four years. He originally trained as a lawyer at the University of Stellenbosch and worked for the largest law firm in Africa, ENS, and KFML Holdings.
Bartholomew joins from Investec’s security and covenant management team, with two years’ experience as a financial covenant analyst.
Hamilton says: “The industry has grown exponentially and it is incumbent on us to find ways to deliver new, innovative and purpose-driven financing products to our client. It is essential that funds have reliable, trusted debt providers with an in-depth understanding of funds, their history, strategy and operations. It is becoming clearer that the type of financing that the fund finance team provides is becoming a necessity to private equity firms around the world. The growth of our team is further proof of that. Investec Fund Finance has gone from strength to strength in Europe and are continuing build our presence around the world, particularly in Australia, South Africa and the US.
“We are delighted to welcome Nick, Alan, Ian and Oliver to the team who all bring significant expertise from inside and out of Investec and will no doubt be an excellent fit with our collaborative culture.”