Sep 2020

Source: BNY Mellon

LONDON,  September 3, 2020 – Alcentra, one of the world’s largest managers of private debt with over US$40 billion1 of assets under management and part of BNY Mellon Investment Management, announced today the appointment of Jonathan DeSimone as its CEO and to the Alcentra Board of Directors, subject to Financial Conduct Authority (“FCA”) approval in the UK. This follows David Forbes-Nixon’s decision to step down as CEO of Alcentra to focus on his investment responsibilities.

Jonathan brings significant experience to the role, having worked with institutional investors globally to deploy capital into the high yield, leveraged loan, structured credit, private credit, distressed and special situations markets. He joins Alcentra following a 17-year career with Bain Capital Credit where he was most recently portfolio manager of the Liquid Credit strategy and a member of the Bain Capital Credit Committee. Prior to Bain Capital Credit, Jonathan spent a decade at Bain & Company working with the firm’s clients across the consumer, industrial and private equity sectors. 

David will continue as interim CEO of Alcentra until Jonathan’s appointment is approved by the FCA. Jonathan will join Alcentra immediately as CEO designate and over the next few months will work closely with David to ensure a smooth transition of leadership.

Awards

  • EuroHedge Awards 2017 Winner
  • Barron’s
  • HFMWeek 2017 - European Performance Awards
  • Global Capital Awards 2016 - Best Institutional Investor in Senior Loans
  • ALT Credit Intelligence 2016 - European Performance Award
  • BarclayHedge 2015 - Ranked #1 in the Distressed Securities Category
  • CreditFlux 2015 - Manager Awards 2015
  • Private Debt Investor Awards 2014 - Deal of the Year
  • Private Debt Investor Awards 2014 - Direct Lender of the Year
BNY Mellon