Archive for October, 2018

Marlborough moves into the European fund finance advisory space with strategic hire

Marlborough Partners, the leading independent pan European debt advisory firm, today announced that Kieran Welsh has joined the team as Director and Head of Fund Finance to lead Marlborough’s efforts in arranging fund finance facilities for General Partners (“GPs”) across both the European Private Equity and Direct Lending universe.

Kieran brings 10 years of fund finance experience, most recently as a Director in Lloyds Bank.

Kieran’s appointment will enable Marlborough to increase its debt advisory service offering to its core European private equity client base. Having advised Private Equity GPs on over 245 completed transactions since 2003, adding fund finance advisory is a logical step and has the added benefit of allowing the business to also advise the direct lending community on their fund level liquidity requirements. With increasing competition amongst lenders and increasing GP demand for more bespoke funding solutions, Marlborough will bring a focussed approach to sourcing liquidity for creative financings as well as the process discipline for which the firm is known. Kieran will be building on Marlborough’s completed deal track record in the fund finance space, the most recent of which was to advise on raising a group liquidity facility for one of our listed European clients.

Commenting on the appointment of Kieran Welsh, Marlborough Partner, Romain Cattet, says: “We are extremely pleased that Kieran has joined our team. His joining is a mark of the strength of our commitment to our European Private Equity clients and he will be invaluable in further developing our relationship with European Direct Lenders in the ever-evolving fund finance space.”

Kieran Welsh added: “I’ve long admired Marlborough’s success as Europe’s leading independent debt advisor and their hands-on approach to advisory. Combining this with the depth of their client relationships means I am delighted to lead the expansion of their business through providing creative and sophisticated fund finance solutions across Europe.”

For further information, please contact:

Romain Cattet +44 (0)7765 407724 rc@marlpar.com

About Marlborough Partners

Marlborough Partners, based in London, Frankfurt and Madrid, provides specialist, independent advice to private equity firms, portfolio companies, public companies and corporates, on sourcing and structuring debt and other non-equity finance. Since 2003, the Marlborough team has advised on 247 completed transactions – from the straightforward to the highly complex – comprising over €59.5 billion of primary market debt issuance, waivers and amendments and loan restructurings in eleven European jurisdictions. For further information, visit www.marlboroughpartners.com

Marlborough hires Pedro Manen de Sola-Morales to lead push into Iberian leveraged and corporate debt advisory market

Marlborough Partners, the leading independent pan European debt advisory firm, today announced that Pedro Manen de Sola-Morales has joined the team as Managing Director and Head of Iberia to lead Marlborough’s efforts in consolidating its presence in the Spanish and Portuguese leveraged and corporate debt advisory markets. Pedro will be based in Madrid, where Marlborough has opened a new office, to cover the Iberian Peninsula.

Pedro brings 20 years of financing and debt advisory experience, most recently as Head of Corporate Debt Advisory in PwC’s Debt & Capital Advisory Team in Madrid. Before joining PwC, Pedro had senior roles in leveraged finance and corporate banking teams at RBS, Calyon and BNP Paribas.

Pedro’s appointment will help Marlborough develop its unparalleled track record in advising private equity and corporate clients in relation to debt raisings, refinancings, amendments and restructurings by adding a dedicated coverage and execution capability for Iberian borrowers. Pedro will be building on Marlborough’s completed deal track record in Iberia, the most recent of which being the unitranche financing for Portobello Capital’s acquisition of Vivanta, the leading dental care and aesthetic medicine platform that operates over 265 clinics across Spain.

Commenting on the appointment of Pedro Manen de Sola-Morales, Marlborough Managing Partner, William Allen, says: “We are extremely pleased that Pedro has joined our team. His joining is a mark of the strength of our commitment to the Iberian market and he will be invaluable in further developing our business in Spain and Portugal to both domestic and international clients.”

Pedro Manen de Sola-Morales added: “I’ve long admired Marlborough’s success as Europe’s leading independent debt advisor and am delighted to be joining them to lead the expansion of their business into Iberia through bringing both domestic and, importantly, international capital solutions to the private equity and corporate communities in Spain and Portugal.”

For further information, please contact:

William Allen +44 (0)7776 236939 wa@marlpar.com

About Marlborough Partners

Marlborough Partners, based in London, Frankfurt and Madrid, provides specialist, independent advice to private equity firms, portfolio companies, public companies and corporates, on sourcing and structuring debt and other non-equity finance. Since 2003, the Marlborough team has advised on over 240 completed transactions – from the straightforward to the highly complex – comprising over €57.5bn of primary market debt issuance, waivers and amendments and loan restructurings in eleven European jurisdictions. For further information, visit www.marlboroughpartners.com