The state of play across the fundraising environment

The state of play across the fundraising environment

11 Mar 2024|SuperReturn
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Kirsten BodeKirsten BodeCo-Head of Private Debt, Pan-Europe at Muzinich & Co

Kirsten is Co-Head of Pan European Private Debt at Muzinich & Co. Before joining Muzinich, Kirsten worked as a Managing Director in the principal debt investing team at Macquarie, responsible for sourcing and executing transactions ranging from leveraged senior, unitranche and mezzanine debt to equity in the UK, Germany and Benelux. Previously, she worked for Silver Point Capital, a US based credit/distressed fund, in the private debt team in Europe. Kirsten started her career at Morgan Stanley in 1999, working in the generalist M&A and Leveraged Finance teams in Germany and London. Kirsten graduated from ESB Reutlingen and Middlesex University London with a B.A. Honors in European Business Administration.

Mitesh PabariMitesh PabariPrincipal, Fund Investments at Hamilton Lane

Mitesh is a Principal on the Fund Investment team based in the London office, where he is responsible for all aspects of fund due diligence. Prior to joining Hamilton Lane in 2010, Mitesh was an Associate in the investment team of Coller Capital, a global investor in the private equity secondaries market. Previously, he was an Equity Research Analyst at JP Morgan Cazenove focused on the U.K. small-mid cap sector, and an Associate in the Valuation Services team of KPMG Corporate Finance in London. Mitesh received a B.S. in International Management with American Business Studies from the University of Manchester, England.

Vijay PadmanabhanVijay PadmanabhanManaging Director, Private Credit at Cambridge Associates

Vijay is a Managing Director at Cambridge Associates and leads the manager research for European private credit. Vijay and has over 15 years of experience as a credit investor. He helps lead the firm’s private credit efforts in Europe, performing due diligence on investment opportunities in credit, special situations, and distressed markets. Vijay is based in London.

Prior to joining CA in July 2022, Vijay spent 15 years in credit investing, most of which was in London. Vijay also spent a couple of years in Mumbai and Hong Kong investing in credit markets in the Asian region. During his career in investing, Vijay deployed over $5bn across various types of credit – both public and private - across credit cycles. Vijay worked on credit teams at Citigroup, Post Advisory, Fidelity and KKR. He has held a number of senior roles on credit committees, including overseeing restructuring situations across different jurisdictions. Previously, Vijay was a Partner at PwC leading restructuring efforts in India, where he managed one of the largest insolvencies in the country.

Jakob SchrammJakob SchrammPartner, Head of Private Credit at Golding Capital Partners
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Description

What is the current state of the fundraising environment? What difficulties have there been when raising funds over the last 12 months? Are LPs still being hesitant and what has the impact of this been on managers? Will the current fundraising pace hold?

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