The Geneva-based asset management company Decalia Asset Management has hired Reji Vettasseri as lead portfolio manager for alternative funds and mandates invested in private markets.
Vettasseri is an experienced private debt and private equity investor with more than 14 years' industry experience. He joins Decalia from Morgan Stanley Alternative Investment Partners, where he was an executive director based in London. There he was a senior member of a team that built diversified portfolios of private markets investments, responsible for leading the group's private debt and special situations investment activities in Europe. He also has experience with direct investment and manager selection across a range of private equity and private credit market sub-segments.
Before Morgan Stanley, he began his career as a consultant at Bain & Company in London, before working for five years at Goldman Sachs, where he was an executive director in the EMEA investment banking team.
At a time when areas such as private debt are undergoing rapid development, I believe there is an unprecedented opportunity to develop new solutions that offer our clients superior risk-adjusted returns.”
Vettasseri joins a team headed by Rodolfo De Benedetti, partner and head of Product Strategy, and run by Nicoló Miscioscia, head of Private Markets.
Rodolfo De Benedetti said: "In the current environment, private markets represent a source of alpha that remains relatively untapped. In addition, as a number of high potential companies are no longer in any hurry to be listed, investors who restrict their investments to listed companies are missing out on many opportunities. Reji Vettasseri's experience will considerably strengthen our expertise in this area and help us to offer new strategies."
Reji Vettasseri added: "I am delighted to be joining an exceptional team at Decalia, which shares my passion for developing innovative ways to access advantaged opportunities in specialist markets. At a time when areas such as private debt are undergoing rapid development, I believe there is an unprecedented opportunity to develop new solutions that offer our clients superior risk-adjusted returns."
Over the course of the last five years, Decalia has developed partnerships with specialists of a dozen private market strategies in less competitive segments, with a particular focus on private credit. These include specialist areas such as hybrid capital solutions for European businesses, real estate lending, litigation funding, film production financing, co-investment and mezzanine debt.