M&G Investments has recruited Allianz Global’s Emmanuel Deblanc as chief investment officer for its £74bn private markets business.
Totalling over 25 years in the industry, Deblanc has been with Allianz Global Investors since 2017, most recently as head of private markets. Before Allianz, he spent nine years with BNP Paribas as co-head of the debt advisory and financing team. Deblanc focused on European infrastructure and energy in the role.
In his new position, set to begin 14 March, he will work under CEO of M&G Investments Joseph Pinto.
Commenting on the appointment, Pinto said: “I am confident that Emmanuel’s combination of extensive investment experience and a track record of delivery, will help M&G to realise its ambition of being the go-to asset manager for investors seeking exposure to European assets by focusing on high value-add solutions built around client needs, that deliver attractive and sustainable margins.
“Private markets is an area where long-term investors remain attracted to the diversification benefits on offer, typically with higher returns and lower volatility, and as the opportunities evolve, is an area with the potential to play a key role in impact investing.”
M&G private markets invests across private credit, structured credit, impact and private equity, infrastructure, real estate, and has an impact investing arm named ‘responsAbility’.
Deblanc said: “I have long admired M&G’s Private Markets business – a firm with leading investment capabilities and enviable strategies for institutional investors in private credit, real estate and infrastructure,.”
“The past 15 years have turbocharged the growth of private markets and the next decade is poised to be equally as exciting as the industry evolves to meet the needs of both clients and societies, whether it is by broadening access through tokenisation or by investing in infrastructure, real estate and companies that shape the world around us.”