Fidelity hires for newly created role in private assets push

Fund group poached a team from digital bank MeDirect to launch its own private asset arm this year

Blackrock and Fidelity to weather credit negative FCA changes

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Fidelity International has hired Nick Haaijman for a newly created role in its private assets business to support its growth push.

Haaijman has been appointed as global head of private assets solutions, which will see him  liaise with Fidelity’s private asset investment teams to develop products for clients. Based in London, he will report to Fidelity’s Global Chief Investment Officer, Andrew McCaffery.

Fidelity pushed into the private credit market earlier this year, hiring a team from European digital bank MeDirect to set up its offering. The fund group has since launched its first collateralised loan obligation (CLO), aligned to SFDR Article 8 requirements, which it claims is an industry first.

It also entered into a partnership with digital investment platform Moonfare to offer clients access to private market assets, following a spike in demand.

“We are committed to building a broad private assets business across a wide range of capability areas,” McCaffery said.

“To support our growth plans, it’s important we attract and invest in experienced talent, like Nick, to ensure we serve our clients effectively. Nick’s private market experience will be vital as we build a solutions capability and develop a broad product offering for clients globally.”

Haaijman joins from CVC Credit Partners, the credit business of Luxembourg private equity giant CVC. There he was head of client servicing, managing global fundraisings across liquid and illiquid credit funds. Prior to that he worked in various buy and sell side roles at Alcentra, JP Morgan and Merrill Lynch.

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