The €21 billion ($24 billion) alternative investment specialist Hayfin Capital Management appointed Caoimhe Bain as head of ESG — a new role that is slated to build-up the firm’s already established ESG capabilities and coverage.
She joins from Hymans Robertson, where she worked as a responsible investment consultant in charge of the firm’s broad responsible investment policy and sustainable investment framework.
Bain will report to Andrew McCullagh, a member of Hayfin’s Management Committee, investment committee and ESG committee. Her work will be to ensure that Hayfin’s embedded responsible practices are continuously reviewed and developed, as well as implemented across the business and its distinct strategy lines.
“Responsibility — incorporating all environmental, social and corporate issues — has long been embedded in Hayfin’s culture and is integral to our decision making,” said McCullagh. “Enhancing our ESG capabilities with this new role will improve our management of risk, allow us to make more informed investment decisions, and will ultimately drive value for our investors.”
The firm’s alternative investment portfolio spans private debt, liquid credit and private equity. For her part, Bain brings with her more than a decade of experience in responsible investment having worked in a number of related roles within the asset management sector.
“I look forward to working closely with our ESG and Audit & Risk Committees, as well as the investment teams, to support the firm’s responsible investment efforts across the business lines,” Bain said.