Ex-Bain MP to become new Alcentra CEO

Jonathan DeSimone has been appointed as CEO of $40 billion private debt specialist Alcentra, following David Forbes-Nixon’s decision to step down as CEO of the firm to focus on his investment responsibilities.

Over last 17 years at Bain Capital Credit, DeSimone’s experience has included working with institutional investors in putting capital to work in high yield, leveraged loan, structured credit, private credit, distressed and special situations markets. He was most recently the portfolio manager of the firm’s liquid credit strategy.

DeSimone’s appointment is subject to FCA approval in the U . . .

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