5th June 2023

Veld Capital announces senior appointments as it embarks on exciting new chapter

LONDON: Veld Capital, a leading European private credit specialist investor, is pleased to announce the promotions of Konstantin Karchinov and Sebastien Wigdo to Partner, as well as the appointment of Richard Kirkby to Chief Financial Officer (“CFO”), further bolstering its dedicated and highly experienced senior management team.

These appointments follow the carve-out of AnaCap Financial Partner’s successful credit business, including all of its legacy funds, to form Veld Capital at the end of last year, aligning ownership, management and strategy for the long term. The establishment of Veld Capital as an independent business marks the start of an exciting new chapter, presenting the most enticing investment backdrop in over a decade.

Konstantin joined Veld Capital (*as AnaCap Credit) in 2009 and previously acted as Managing Director, with senior oversight and responsibility for deal origination and execution of credit investments. Prior to AnaCap Credit, Konstantin worked at J.P. Morgan, where he was a part of the Principal Investments team in New York and later London, focusing on whole loans portfolios, asset-backed lending as well as servicing and origination platforms.

Sebastien joined Veld Capital (*as AnaCap Credit) in June 2019, and previously acted as Managing Director, with senior oversight and responsibility for deal origination and execution of real estate-backed investments. Prior to joining Veld, Sebastien worked at King Street Capital for 6 years, where he was part of the Investment team in London, and at Deutsche Bank for 5 years, initially within the M&A team in Paris and later in Acquisition Finance in London.

Richard joined Veld Capital from CVC Credit Partners where he had been Head of Fund Accounting, having previously worked in risk management at Davidson Kempner European Partners. Richard will take responsibility for finance across Veld Capital’s dedicated platform, including all funds and management entities.

Veld Capital, which has successfully raised over €2.7bn since inception of the credit strategy in 2009, combines an opportunistic, mid-market focus with localised origination, underwriting and asset management expertise. This is supported by a dedicated and highly developed Pan-European platform, with 55+ full-time professionals across its Investment, Asset Solutions and Operations teams based across 6 offices in London, Madrid, Milan, Lisbon, Luxembourg and Mumbai.

Justin Sulger, Managing Partner at Veld, commented:

“I am delighted to underline the significant contributions to date of both Sebastien and Konstantin, who have consistently performed to exceptional standards and delivered strong results for our business, in joining me as Partners at Veld Capital. We are also very excited to bring Richard into the business as CFO, as we begin this exciting new chapter. We look forward to continuing to deliver outstanding returns to our investors by leveraging an established Pan-European platform developed over almost 13 years and maintaining an agile approach to capturing exceptional opportunities in an increasingly dislocated market. 2023 promises to be an exciting year for Veld Capital, particularly as we look to launch our next flagship Credit Opportunities fund.”

 

For further information and media enquiries, please contact:

EQ
James Culverhouse
+44 (0)20 7223 1100 / +44 (0)7912 508 322
james.culverhouse@eqcorp.co

Notes to the Editor:

Veld Capital (www.veldcap.com)

Established in 2009 as the credit investment arm of AnaCap Financial Partners, Veld Capital initially targeted non-core assets from financial institutions across Europe. Consistently an early mover across geographies and asset types, today Veld Capital targets a broad range of highly cash generative and asset-backed investments.

Veld Capital seeks out exceptional opportunities by combining localised origination, underwriting and asset management expertise to provide solutions in the mid-market. Our credit-oriented investment philosophy is underpinned by a rigorous, data driven approach to underwriting, preservation of capital and actively engaged asset management.

Since 2009, Veld Capital has raised ~€2.7bn of capital across its flagship Credit Opportunities, Real Estate and permanent capital vehicles from a growing base of highly reputable institutional investors globally.