Hermes Investment Management has appointed Kevin Roche as a director for Private Debt and CLO's.
Reporting to the head of Direct Lending, Laura Vaughan, Roche will be based in London and will work across the private debt platform.
The private debt team manage European and UK direct lending strategies focused on senior-secured loans in the mid-market space. Co-lending partnerships with partner banks in the UK and Europe provide a strong origination pipeline which is utilised in conjunction with the team's own pan-European reach.
In his new role, Roche will be responsible for helping to develop the Hermes business globally within private debt. Before joining Hermes, he was a director at Allied Irish Banks, where he was responsible for delivering leveraged finance loans to mid-market private equity backed companies. Prior to this, Roche worked across loan capital markets, structured finance and debt at NatWest and Royal Bank of Scotland, where he developed strong experience in origination, deal structuring and execution.
Patrick Marshall, head of Private Debt and CLOs, Hermes Investment Management said: "Roche's impressive track record and expertise will be a valuable addition as we continue to strengthen and grow our private debt platform. The market has undergone a huge transformation in recent years, and we have built a first-class team to capitalise on the emerging opportunities in UK and Europe."