Amundi hires new private debt chief

By Daniel Lanyon on 6th September 2017

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The asset management firm last year unveiled big ambitions for its alternatives business, including a push into alternative credit and other illiquid

Amundi hires new private debt chief

markets.

Asset management giant Amundi has hired Thierry de Vergnes as its new head of debt fund management within its platform for real and alternative assets.

De Vergnes’ previously worked at Lyxor where he created the debt fund management business, having also spent 9 years at Société Générale will be a key driver of the firm’s push into the alternatives space.

Amundi is Europe’s largest asset manager by assets under management. It announced plans to launch a dedicated new platform for the alternative assets market a year ago for its more than €34bn in assets under management in alternatives.

The firm is aiming to double its funds under management in real and alternative assets by 2020.

From 1985 until 2003, De Vergnes worked at Indosuez Bank first in Paris, then London and finally he joined the New York office where he was Group Head of Indosuez Capital, the acquisition finance department of the bank in the US.

Thierry de Vergnes holds an MBA from the Institut Français du Pétrole and a Degree in Mining Engineering from the “Ecole des Mines”.

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