Aksia has added private credit specialists to its New York and London offices as it seeks to strengthen its private credit platform.
Tod Trabocco has joined the New York office as a managing director, private credit strategies, reporting to Tim Nest, who heads the private credit research team, and Patrick Adelsbach, co-head of advisory in the Americas. Previously Trabocco was head of product and strategy at Industrial Transportation Equipment Management. Prior to that role, he was head of private credit research and manager selection at Cambridge Associates where he chaired the credit investment committee.
Veronica Bateman joins the London team as a senior vice president, private credit strategist, were she will be involved in all phases of the research and investment process. She will report to Nest and Valérie Bénard, head of Aksia in Europe. Bateman has nearly two decades experience in credit markets and joins from debt advisory firm Talbot Leyborne Partners, where she was a managing partner. Before that she was a managing director at Capital Markets Initiative and previously worked in European financial sponsor coverage and leveraged finance at both Bank of America Merrill Lynch and Credit Suisse, based in London.
The hires come shortly after the Los Angeles City Employees’ Retirement System (LACERS) approved the engagement of Aksia as the system’s first-ever private credit consultant.
Aksia officials said in an announcement that it continues to expand its global private credit investment team with experienced professionals. The latest hires’ expertise will be helpful in the ever-changing and expanding private credit asset class.