Hayfin today announces the appointment of Marc Chowrimootoo as a Managing Director and Portfolio Manager within its private credit business. In this role, Marc will work closely with the investment team on sourcing and analysing investment opportunities, as well as portfolio management, across the firm’s private credit strategies.
Marc brings a wealth of experience in leveraged finance as well as long-established relationships within the European private equity community, complementing Hayfin’s deep origination and portfolio management capabilities and its sponsor relationships. Marc joins from Goldman Sachs, where he was a Managing Director in the European Leveraged Finance team based in Paris, leading its credit finance expansion in Europe. He has previously worked in similar roles for Barclays, Bank of America Merrill Lynch and Deutsche Bank and began his career as a banking and capital markets lawyer with White & Case. Marc will be based in London while working closely with Hayfin’s local investment teams across Europe, operating out of offices in Paris, Frankfurt, Milan and Madrid.
Tim Flynn, CEO of Hayfin, said: “We are committed to equipping our private credit investment team with the best possible expertise, experience and local presence to operate a broad-based origination model that can identify and access the best investment opportunities across Europe. As the markets evolve in the post-pandemic period, we will benefit greatly from having Marc on board. He brings deep knowledge of the leveraged finance market and will further enhance our already strong relationships within the European sponsor community.”
Marc Chowrimootoo said: “Hayfin is a renowned and highly impressive private credit platform and the opportunity to be part of its continued growth and success across its strategies was a compelling one. I am looking forward to working with colleagues across Hayfin’s UK and Continental European offices to further expand and nurture the firm’s relationships with private equity sponsors and other borrowers, while supporting their focus on delivering best-in-class returns for our investors.”
Hayfin’s core private credit strategies comprise Direct Lending, through which Hayfin invests in performing loans to primarily European middle-market companies, and Special Opportunities, where it invests flexibly in a range of unique opportunities across industries, markets and sub-strategies in situations where financing may be scarce.