Atalaya Capital Management added Bharath Subramanian as a managing director in the firm’s special finance practice.
The New York City-based practice is focused on lending to consumer finance, commercial finance and other financial services businesses. In this role, Subramanian plans to work closely with the existing investment team to source and execute a broad range of structured capital solutions, including asset financings, portfolio purchases, corporate level debt solutions and equity transactions.
Earlier this year, Atalaya Capital Management Founding Partner Ivan Zinn detailed his optimism in consumer lending in an interview with Alternatives Watch.
Subramanian is a two-decade industry veteran and joins the $9.5 billion firm from Bayview Asset Management, where he expanded the firms private equity and special situations investing. Prior to that he was a partner at Capital Z Partners, where he spent 12 years as a financial services private equity investor and served on the boards of multiple portfolio companies.
“Bharath will help us sharpen our focus as we continue to develop an increasingly holistic capital solutions effort for our borrowers and partners,” added Ray Chan, partner and co-head of Specialty Finance.
This year has been one of expansion, much like 2021, during which Atalaya said it completed 55 private specialty finance transactions.
