Sector developments and company hires

Paschal Brooks and Justin Hull have co-founded Sustain ILS Management. Headquartered in New Jersey, the firm is an independent investment manager with a focus on sustainability and ESG within the catastrophe bond and reinsurance sectors. Brooks was previously ceo of AlphaCat Capital, which he joined in December 2011 as a portfolio manager. Before that, he worked at Goldman Sachs and Alleghany. Hull was formerly md at Aspen Capital Advisors, having joined Aspen Re in 2013. Prior to that, he was an ILS trader at PartnerRe and an associate in Citi’s special situations group.

In other news...

EMEA

Alantra has added two new mds to its private debt practice. Alberto Pierotti and Jean-Philippe Lantrade join the team shortly after several other recent appointments, as the firm hopes the pair will offer additional support in the development and global expansion of its private debt team. Pierotti will concentrate on developing the firm’s private debt business in Italy, and joins from Seaport Global, where he served as md in credit, distressed and special situations. Lantrade joins the firm’s Madrid office from the Madrid-based lending platform, Be-Spoke Capital, where he assisted the origination and funding of over 50 family-owned middle-market companies in Spain.

Mount Street has appointed Grant Tough as executive director and head of primary servicing. Based in London, he assumes responsibility for the firm’s primary servicing teams across Europe and Australia. Tough was previously a director at BCM Global.

North America

Northleaf Capital Partners has announced two new hires to its rapidly expanding investment team, including new associate, Thomas Staley. Joining the firm’s Chicago office, Staley will work on Northleaf’s private credit team, assisting in the origination, evaluation and monitoring of its North American private credit investments. Staley joins from JPMorgan, where he concentrated on M&A and financing transactions across the financial institutions industry.

Adrienne Dale-Burns has joined Onex Credit as md, portfolio manager for US CLO. She was previously a CLO portfolio manager at MidOcean Partners, which she joined in August 2019. Prior to that, Dale-Burns worked at Credit Suisse Asset Management and CIBC.