The new entity will be led by Arnaud Heck, who is newly appointed Head of MV Credit SaRL, French Branch. MV Credit France will manage and develop the collateralised loan obligation (CLO) and corporate debt product offer formerly managed within Ostrum AM, as part of a strategic expansion for the firm. This new development follows several years of growth for MV Credit which has continued to develop innovative solutions for its clients such as a new approach launched in 2021 to provide private market exposure combined with enhanced liquidity.
Frederic Nadal, Chief Executive Officer, MV Credit commented: “This strategic expansion of MV Credit’s investment capabilities comes after an exciting period of growth for our firm and is a natural progression in the services we are able to offer to our clients. I very much look forward to welcoming our new colleagues to MV Credit and further building our footprint.
Arnaud Heck, Managing Director, Head of MV Credit SaRL, French Branch, added; “This is an excellent opportunity for the team to join forces with MV Credit, a well-known and well-regarded player with over 20 years of expertise in this space. The consolidation of the team within MV Credit is a natural fit and we look forward to expanding our client base in a market showing attractive opportunities”