By Daniel Lanyon on Thursday 14 December 2017
The firm says non-bank lending is increasingly important for asset managers.
In addition two new independent external members have been added to NN IP’s Alternative Credit investment committee.
The firm says its deliberately strengthening its expertise the fast growing market as a reflection of the growing importance of the asset class for insitutional clients.
Verret is responsible for corporate loan asset strategies, as well as executing a comprehensive loan origination proposition.
Most recently, Verret was business leader for a division of GE Capital in London, where he headed a team to originate and structure loans to finance European loan portfolio acquisitions by financial sponsors.
“We are expanding our team in response to robust demand in the sector,” she said.
NN IP has also appointed two new independent external members to its Alternative Credit Investment Committee, Dr Uwe Seedorf and Hein Brand. Their role is to contribute to NN IP’s credit risk decision-making process, joining the existing investment committee members Han Rijken, Patrick den Besten and Gabriella Kindert (chair).
Uwe Seedorf has been Chief Credit Risk Officer at GE Capital, and has also held a number of senior roles within GE Capital since joining in 2001. Prior to that, Uwe worked at Dresdner Bank, specialising in structured and project finance.
Hein Brand, , has over 30 years of credit risk experience at senior levels, in both commercial and risk functions, gained mostly at ING and Shell. From 2009 to 2016, Hein was CEO at ING Real Estate, joining in 2001 as a member of the executive team for commercial banking at ING.