Sector developments and company hires

HSBC and Mount Street have entered into a ten-year strategic agreement to service Aviva Investors’ £50bn Real Assets business. The firms’ appointment will see them assuming responsibility for all fund administration and debt servicing functions for Aviva Investors’ Real Assets strategies. HSBC and Mount Street were appointed following competitive process due to depth of offering, expertise across real assets credit and equity markets, and end-to-end service solutions.

In other news…

North America

Blue Owl has announced two new hires in latest bid to enhance its CLO team. Joining the firm are Hao Jiang, the former head structurer of CLOs for Mizuho Securities, and Diana Bergman, who joined the team last month from Barclays where she operated as a senior CLO structurer. Jiang and Bergman will each serve on Blue Owl’s structured credit team as md and principal, respectively, and will both report to the firm’s md, Jerry Devito. The two new hires follow Blue Owl’s recent acquisition of the CLO manager, Wellfleet Credit Partners.

Natixis welcomes two new co-heads of Credit Americas, Brad Roberts and David Williams, to oversee the firm’s global structured credit and solutions business. Roberts and Williams have each been with the firm since 2015 and 2006, respectively, and bring extensive experience to their new roles. Roberts has more than 25 years of experience across the financial services industry, having previously worked at RBS and Goldman Sachs, and undertakes the new role after most recently serving as Natixis CIB’s co-head of Global Structured Credit & Solutions & Credit Trading Americas. Williams, prior to this promotion, operated as co-head of Credit Syndicate Americas – which he will maintain alongside his new role. Roberts and Williams will continue to report to head of global markets for the Americas and global head of credit, Emmanuel Issanchou. Chris Gilbert, Head of US CLO Banking, will continue maintain responsibility for managing the CLO banking team.