Muzinich & Co has appointed Alok Wadhawan to head up its new Aviation Finance business, which will be part of the provider's suite of offerings in the alternative investments and private debt space.
Wadhawan said: "Aviation Finance seeks to offer investors the opportunity to access cash-yielding, fixed-income-type returns on a risk-adjusted basis with low volatility. It is our view that the asset class has shown resilience through market cycles and may be ideal for clients seeking capital preservation with low levels of correlation to other asset classes."
George Muzinich, chairman and CEO, added: "With over 20 years of experience and in-depth knowledge, Alok will play an important role in implementing the firm's strategy to extend and expand its private markets platform."
