Options funding supervisor Ares Administration has employed Credit score Suisse head of leveraged finance Peter Graf to drive its non-public debt technique in Australasia.
Graf will be a part of Ares as a managing director and be charged with serving to Ares – one of many world’s largest non-public debt buyers having raised $US50 billion previously 5 years – step up its presence in Australian funding offers.
Graf spent 12 years at Credit score Suisse in Sydney, working in its acquisition and leveraged finance and monetary sponsors protection groups.
As head of leveraged finance, he led mammoth financing offers for the likes of knowledge centre group NEXTDC, Apollo World Administration backed Ventia, KKR when it acquired MYOB and TPG Capital’s acquisition of Greencross.
It’s a blow for Credit score Suisse, which has seen a handful of its seasoned funding bankers depart previously three weeks.