Golub Capital has hired for business development and direct lending investment expertise with an eye toward opportunities in Europe.
The new hires in the London office are Daniel von Rothenburg, Philip Schroeder and Mensah Lambie.
The $60 billion credit firm welcomed von Rothenburg in 2022 as a managing director and head of EMEA on the business development and investor relations team. He had been a managing director at New End and before that spent over 16 years at Oaktree Capital Management.
Schroeder and Lambie join the firm’s direct lending team from Apollo Global Management. Schroeder worked on the direct originations team at Apollo and will now serve as a senior director on the direct lending team focused on Europe, which was set up in 2020. Lambie was a principal at Apollo and is now a principal on the direct lending team in London alongside Schroeder.
In the last three years, Golub Capital has made nearly $9 billion in financing commitments to European deals across more than 80 transactions. Tara Moore was brought on board from Guggenheim Partners to lead the team in 2020.
“European investors have become increasingly interested in private credit, recognizing its ability to deliver consistent, premium returns,” said David Golub, president of Golub Capital. “We look forward to meeting this growing demand, building on our nearly 30 years of success in nurturing long-term, win-win partnerships.”
In 2022, Golub’s global sponsor finance platform closed nearly $23 billion in commitments across more than 220 transactions. At the end of the year, Korea Investment Corporation (KIC) announced the expansion of its strategic partnership with Golub Capital with a passive, non-voting minority stake in the U.S. credit investment firm’s management companies.
“As European private equity sponsors participate in more cross-border transactions, they are looking for financing partners like us who have the ability to offer best-in-class, scalable lending solutions as well as multi-currency facilities,” said Moore, managing director and head of European Originations at Golub Capital. “We are excited about the opportunity ahead as we continue to deepen new and existing relationships with sponsors throughout the region, bringing the full strength of the Golub Capital platform to bear.”