THL Credit Establishes Asia Pacific Presence with Engagement of Mike Backwell
September 07 2017 - 4:46PM
THL Credit Advisors LLC ("THL Credit") today announced that it has
engaged Mike Backwell as its Australia and New Zealand
representative to build strategic relationships for funds and
separately managed accounts in THL Credit's Direct Lending and
Tradable Credit strategies.
Mr. Backwell has over twenty years of investment
industry experience marketing credit and structured credit products
to institutional investors internationally. A native Australian,
his career has spanned the globe with senior positions in New York
and London before returning to Australia in 2007.
“Australia and New Zealand represent a natural
expansion opportunity for us as THL Credit has grown to over $10
billion in AUM,” said Chris Flynn, Co-CEO of THL Credit. “While we
already have some valued relationships in the region, this is the
perfect time to have Mike on-the-ground representing THL Credit’s
Direct Lending and Tradable Credit expertise to institutional
investors.”
Prior to joining THL Credit, Mr. Backwell was a
Director at Credit Suisse responsible for all fixed income sales in
Australia and New Zealand. He previously spent 10 years as a
Principal in credit and structured sales at Bank of America Merrill
Lynch, and prior to that, nine years as a Senior Credit Salesman at
Deutsche Bank. He began his career at Salomon Brothers in New
York.
“Mike’s deep understanding of the credit markets
combined with our strong track record and yield oriented investment
strategies should be a good fit for investors in Australia and New
Zealand. I worked with Mike at Deutsche Bank and know him to
be an excellent client representative and a thoughtful investor,”
said Mike Herzig, Managing Director and Head of Business
Development at THL Credit. “We’re thrilled to have him representing
THL Credit, and eager to grow our regional presence with his
help.”
Founded in 2007, THL Credit specializes in both
direct lending and broadly syndicated credit investments. The
firm’s direct lending investments focus on secured loans in the
middle market, while its tradable credit business manages
investments in syndicated loans, structured credit, and high-yield
securities.
Mr. Backwell earned his M.B.A. with a concentration
in finance from The University of Chicago Booth Graduate School of
Business, and his Bachelor of Commerce from the University of
Melbourne. He has successfully completed the requirements for
Chartered Accountants Australia and New Zealand, and is a member of
the Financial Services Institute of Australasia (FINSIA).
About THL Credit Advisors LLCTHL
Credit (http://www.thlcredit.com/) is an alternative credit
investment manager for both direct lending and broadly syndicated
investments through public and private vehicles, collateralized
loan obligations, separately managed accounts and co-mingled
funds. THL Credit maintains a variety of advisory and
sub-advisory relationships across its investment platforms,
including THL Credit, Inc. (Nasdaq:TCRD), a publicly traded
business development company, and THL Credit Senior Loan Fund
(NYSE:TSLF), a non-diversified, closed-end management investment
company.
Investor Contact:
THL Credit
Michael A. Herzig
212-829-3101
mherzig@thlcredit.com
Michael Backwell
+61 420 975 207
mbackwell@thlcredit.com
Media Contact:
Stanton
Doug Allen
(646) 502-3530
dallen@stantonprm.com
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