Investment bank Moelis Australia has appointed private credit veteran Oliver Trajcevski as a managing director to further expand the firm’s private credit investment strategy.
Mr Trajcevski is the former co-founder and head of credit at Dinimus Capital, where during the last decade he launched and managed three private credit funds with investment capital of $400 million.
Moelis said he will play a key role in its expansion into private credit with the launch of a new fund focusing on SME and mid-corporate lending set to open at the end of the year or in early 2020.
The fund will sit alongside the firm’s real estate credit funds and its fixed income fund.
Head of asset management Andrew Martin said Moelis was currently managing in excess of $800 million in credit-related funds as part of the firm’s overall $3.9 billion of assets under management.
“Credit is a core area of specialty across both asset management and in corporate advisory,” Mr Martin said.
“We see significant opportunity for strong alternative credit managers in the current environment as our investors seek attractive risk-adjusted returns in credit.
“Oliver will augment the firm’s existing deep credit capability. Few can match his level of experience in private credit.”
Prior to founding Dinimus, Mr Trajcevski established the business at Fortress Capital and led credit due diligence and underwriting at GE Commercial.
Over his 22-year career he is said to have been involved in more than $2.5 billion worth of private credit investments.
“I am delighted to be joining a growing business that is ready to support the scale of opportunities I currently see available to investors in private credit,” Mr Trajcevski said.
“Given the depth and breadth of experience in credit already at the firm, I expect we can enter the private credit space with significant momentum.”
Sarah Simpkins is a journalist at Momentum Media, reporting primarily on banking, financial services and wealth.
Prior to joining the team in 2018, Sarah worked in trade media and produced stories for a current affairs program on community radio.
You can contact her on [email protected].
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