About us

Cairn Capital is a European alternative credit manager

Who We Are

Cairn Capital was founded in 2004 and provides a full range of credit asset management and advisory services with a particular focus on Europe. As at 29 June 2018, Cairn Capital had over $4.1bn in assets under management and advice*.

Mediobanca S.p.A. owns a 51% stake (by capital and voting rights) in Cairn Capital Group Limited (“CCGL”). The majority of the remaining 49% is owned by the management and staff of CCGL with STAR Capital Partners Investments LLP holding a minority stake.

 

Cairn Capital is headquartered in London.

* Assets under management and advice include CLOs which are managed by Cairn Loan Investments LLP (“CLI”). CLI is not an affiliate of Cairn Capital but it was established by Cairn Capital and Cairn Capital provides support services to it.

Our Approach

  • We benefit from the extensive experience of our people to deliver the appropriate balance of focus on our core competencies: macro strategy; fundamental credit research; and structural and technical analysis.
  • We look to maintain our market position in order to optimise pricing, asset allocation and idea generation for the benefit of investors.
  • Our risk management is proactive, disciplined and pragmatic, using a robust and scalable infrastructure that we developed in-house.
  • Overall, we focus on building sustainable value for our investors and those we advise through a combination of technical expertise and service excellence.
With significant experience and expertise in asset management and advisory services, our strong, stable management team focuses on technical expertise, meticulous planning and client service.

Our Team

Our policy is to employ the best and the brightest in our industry and our highly qualified teams focus on building sustainable value for our investors and those we advise.

Executive Management Committee

Samantha Bartlett

Samantha Bartlett

Executive Management Committee

Samantha joined Cairn Capital in 2014 and is responsible for all aspects of financial and management reporting. Samantha is a member of the Executive Management Committee. After graduating from the University of Bath with a degree in Business Administration, Samantha joined Macquarie where she had a number of roles within the financial management team, most recently being the finance business partner to Macquarie Capital in EMEA. Whilst at Macquarie, Samantha qualified as a Chartered Accountant and is a member of the ICAEW.

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Chris Bentley

Chris Bentley

Executive Management Committee

Chris is the Chief Operating Officer of Cairn Capital and a member of the Executive Management Committee. Prior to joining Cairn Capital in 2005, he spent 10 years at Credit Suisse First Boston in London, Hong Kong and Tokyo where he undertook a variety of roles including strategic change management and new business development as well as derivative operations and Global Head of Emerging Markets Operations. Prior to CSFB, Chris worked at Swiss Bank Corporation and JP Morgan in derivative operations and middle office roles.

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Andrew Burke

Andrew Burke

Executive Management Committee

Andrew joined Cairn Capital in 2006 and is Co-CIO, Head of Leveraged Finance and a member of the Executive Management Committee. He has been involved in the loan market for over 30 years and European CLO market since 2002. Prior to Cairn Capital, Andrew was at Harbourmaster Capital Management (acquired by GSO Capital Partners in 2012). Prior to that, he was a director at JP Morgan and a member of the Banking Executive Committee at Robert Fleming prior to the acquisition by JP Morgan Chase.

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Paul Campbell

Paul Campbell

Executive Management Committee

Paul is a co-founder and director of Cairn Capital and a member of the Executive Management Committee. Paul is the CEO and is responsible for overseeing risk across all of Cairn Capital’s products.  Paul was formerly Managing Director, Europe at Banque AIG where he had over 10 years’ experience in credit and portfolio management as head of the global credit business.  Prior to that he had six years’ experience with JP Morgan trading fixed income securities.

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Asif Godall

Asif Godall

Executive Management Committee

Asif joined Cairn Capital in 2016 and is Co-CIO and a member of the Executive Management Committee. His responsibilities include portfolio management across multi asset credit, structured finance and real estate. Asif has over 19 years of experience in financial markets covering trading and portfolio management in global credit and global macro.  He was previously Global Head of Traded Credit at HSBC where he led the bank’s trading and underwriting activities across corporates, financials, high yield, leveraged loans, emerging markets, special situations and securitised products.  He also set up HSBC’s distressed trading and credit financing businesses.  Asif started his career on the HSBC graduate training programme.

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Andrew Haddleton

Andrew Haddleton

Executive Management Committee

Andrew joined Cairn Capital in 2007 and is the Chief Technology Officer and a member of the Executive Management Committee. He has significant experience of derivatives markets in a variety of management, trading, risk management and financial engineering roles. He has held the positions of Head of Derivatives Trading at RBS and SocGen, London and Head of Capital Markets at Hambros. Latterly he was CEO of Electronic Trading Solutions Limited (ETS), which he founded in 1999, and which continues to specialise in the implementation of risk based trading software models for exchange traded products. With ETS he was instrumental in setting up a successful futures business at ICAP in both London and New York.

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Peter Hansell

Peter Hansell

Executive Management Committee

Peter is the Head of Real Estate Debt responsible for the real estate debt strategy and is a member of the Executive Management Committee. He joined Cairn Capital in 2008 to continue the development of its real estate advisory business before moving to the asset management team. He was formerly a Managing Director at Lehman Brothers within the European Real Estate team with responsibility for credit, structuring and distribution of real estate secured debt products. He has been involved with commercial property throughout his career, other roles including running Standard & Poor’s European CMBS rating team, originating commercial mortgage loans for the Royal Bank of Scotland and training and practising as a valuer with Weatherall Green and Smith.

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David Henriques

David Henriques

Executive Management Committee

David is a co-founder and director of Cairn Capital and a member of the Executive Management Committee. David has overall responsibility for Cairn Capital’s corporate debt advisory business. He was formerly co-Global Head of Structured Credit Products with the Royal Bank of Scotland and has extensive experience in real estate and credit products. Prior to that he held various senior positions in corporate finance and insurance companies. He is a Non-Executive Director of Azur Group Holdings Limited, an Insurance Managing Digital Agency which partners with carriers and brokers to build, underwrite and distribute digital Insurance products. He is also a Non-Executive Director of WideCells Group PLC, a UK Listed Company that is an international specialised provider of stem cell services.

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Graham Murphy

Graham Murphy

Executive Management Committee

Graham joined Cairn Capital in 2010 as a portfolio manager responsible for a legacy structured credit asset management mandate and joined the risk management team in April 2014 where he now holds the position of Chief Risk Officer. Graham is a member of the Executive Management Committee. Prior to joining Cairn Capital he was an Executive Director on the structured credit desk at JP Morgan and before that he was a credit derivative trader at Citigroup. He has over 20 years of experience in the finance industry, 13 of which have been spent as a quantitative analyst, structurer, trader, portfolio manager and risk manager in the credit markets.

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Robert Pierce Jones

Robert Pierce Jones

Executive Management Committee

Robert is a co-founder and director of Cairn Capital and a member of the Executive Management Committee. Robert is responsible for Cairn Capital’s business development function. He was formerly Managing Director, Europe at Banque AIG, the European subsidiary of AIG Financial Products Corp., where he worked for over 13 years and was instrumental in building and successfully running the London structured finance team. He was previously in the capital markets group at Bankers Trust Company.

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James Starky

James Starky

Executive Management Committee

James joined Cairn Capital in 2005 and is the Chief Legal Officer, responsible for legal oversight of all aspects of its business. He is a member of Cairn Capital’s Executive Management Committee. Prior to joining Cairn Capital, he was Associate General Counsel of Banque AIG, the European subsidiary of AIG Financial Products Corp., and before that he was a partner for two and a half years at Cadwalader Wickersham & Taft and a partner for five years at Freshfields.

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Non-Executive Directors

Tim Frost

Tim Frost

Non-Executive Directors

Tim is a co-founder of Cairn Capital and a non-executive director of Cairn Capital Group Limited. Prior to joining Cairn Capital he spent 15 years at JP Morgan, latterly as European Head of Credit Sales, Trading and Research. Among other things he helped in the building of JP Morgan’s European credit derivatives business and served on JP Morgan’s European credit and rates executive committee. Tim is an Emeritus Governor of the London School of Economics, and was appointed a Director of the Bank of England in 2012.

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Tony Mallin

Tony Mallin

Non-Executive Directors

Before establishing STAR, Tony spent 20 years at Hambros Bank (most recently as Vice Chairman) responsible for the banking division. During that time he founded the vendor, project and structured financing operations as well as a private equity and an aircraft investment business. His experience also covers leasing, structured and tax-based finance and risk management.

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Mediobanca Directors

Mediobanca Directors

Non-Executive Directors

 

Francesco Coatti

Frank Goasguen*

Maria Teresa Iardella

Roslyn Kelly*

Pierpaolo Montana

Annalisa Rotunno

Alexandra Young

*Member of the Executive Management Committee

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Portfolio Management

Andrew Burke

Andrew Burke

Portfolio Management

Andrew joined Cairn Capital in 2006 and is Co-CIO, Head of Leveraged Finance and a member of the Executive Management Committee. He has been involved in the loan market for over 30 years and European CLO market since 2002. Prior to Cairn Capital, Andrew was at Harbourmaster Capital Management (acquired by GSO Capital Partners in 2012). Prior to that, he was a director at JP Morgan and a member of the Banking Executive Committee at Robert Fleming prior to the acquisition by JP Morgan Chase.

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Richard Freeth

Richard Freeth

Portfolio Management

Richard is a portfolio manager specialising in commercial real estate debt. He joined Cairn Capital’s real estate advisory business in 2010 before relocating to its asset management team. During his time at Cairn Capital, he has been involved in the restructuring, structuring and arranging of CMBS transactions and real estate loans and more recently in investment in and providing advice on investment in real estate loans and mortgage securities. Richard joined Cairn Capital from Cushman & Wakefield, where he worked on structuring, modelling and selling large real estate sale and leaseback transactions and lease liability transfers. Prior to working at Cushman & Wakefield Richard spent two years in Ernst & Young’s Real Estate Finance team, focusing on lease liability transfers and real estate private equity fundraising. Richard is a member of the Corporate Finance Faculty of the Institute of Chartered Accountants in England & Wales, and the Chartered Institute for Securities & Investment.

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Asif Godall

Asif Godall

Portfolio Management

Asif joined Cairn Capital in 2016 and is Co-CIO and a member of the Executive Management Committee. His responsibilities include portfolio management across multi asset credit, structured finance and real estate. Asif has over 19 years of experience in financial markets covering trading and portfolio management in global credit and global macro.  He was previously Global Head of Traded Credit at HSBC where he led the bank’s trading and underwriting activities across corporates, financials, high yield, leveraged loans, emerging markets, special situations and securitised products.  He also set up HSBC’s distressed trading and credit financing businesses.  Asif started his career on the HSBC graduate training programme.

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Peter Hansell

Peter Hansell

Portfolio Management

Peter is the Head of Real Estate Debt responsible for the real estate debt strategy and is a member of the Executive Management Committee. He joined Cairn Capital in 2008 to continue the development of its real estate advisory business before moving to the asset management team. He was formerly a Managing Director at Lehman Brothers within the European Real Estate team with responsibility for credit, structuring and distribution of real estate secured debt products. He has been involved with commercial property throughout his career, other roles including running Standard & Poor’s European CMBS rating team, originating commercial mortgage loans for the Royal Bank of Scotland and training and practising as a valuer with Weatherall Green and Smith.

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Philippe Kellerhals

Philippe Kellerhals

Portfolio Management

Philippe joined Cairn Capital in 2008 and is a senior portfolio manager with responsibility for corporate credit. He has been managing subordinated financial assets at Cairn Capital since 2009. Prior to joining Cairn Capital, Philippe gained five years’ experience managing credit investments at BNP Paribas. Philippe is a CFA charter holder.

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Brandon Kufrin

Brandon Kufrin

Portfolio Management

Brandon joined Cairn Capital in 2017 and is a senior portfolio manager focusing on corporate structured credit, speciality finance, asset-based private credit and risk transfer transactions with financial institutions. Brandon has over 14 years of financial markets experience in Europe and the US with a specialisation in private structured credit. Prior to joining Cairn Capital, Brandon spent nine years at Magnetar Capital where he held roles in portfolio management and trading, which included co-managing Magnetar’s $1.8bn European credit portfolio. His responsibilities included origination, investment analysis, structuring and risk management. Prior to Magnetar, Brandon worked for Citco Fund Services, Walter Capital Management and Royal Bank of Scotland.

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John Murphy

John Murphy

Portfolio Management

John joined Cairn Capital in 2007 and is a senior portfolio manager with a focus on leveraged loans.  He is responsible for the management of CLOs and leveraged loan strategies within funds  as well as structuring and development of new opportunities within the leveraged loan business.  Prior to joining Cairn Capital John was a vice president at Deutsche Bank in London in structured finance analytics with a focus on CDOs and CLOs.  He has over 15 years of experience in the structured finance and leveraged finance markets.

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Phil Todd

Phil Todd

Portfolio Management

Phil joined Cairn Capital in 2008 and is a senior portfolio manager focusing on ABS. Phil is responsible for Cairn Capital’s European ABS asset management business and oversees ABS allocations between asset classes as well as individual asset selection. Prior to joining Cairn Capital, Phil spent two years as an analyst/portfolio manager at Wharton Asset Management where he was responsible for structuring CDOs, portfolio construction and management and credit analysis of ABS and CDOs. Prior to Wharton, Phil spent three years as a CDO portfolio manager at Abbey National Treasury Services.

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Fabio Vanerio

Fabio Vanerio

Portfolio Management

Fabio joined Cairn Capital in 2012 and splits his time between portfolio management in the asset management group with a focus on corporates and fundamental credit analysis in the corporates research team. Prior to Cairn Capital Fabio spent six years as a senior credit analyst at Hermes Fund Managers with a focus on investment grade and high yield credit and before that he worked at Moody’s Investors Service as an associate analyst and for Royal Bank of Scotland. Fabio is a CFA Charterholder.

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Jonathan White

Jonathan White

Portfolio Management

Jonathan is the Loans Operating Officer responsible for loan portfolio management support. Prior to joining Cairn Capital in March 2017, Jonathan spent seven years at Virtus Partners managing the collateral administration and middle office services to asset managers across Europe with focus on CLOs, leveraged loan funds and originator vehicles. Prior to Virtus Partners, Jonathan spent four years at BNY Mellon Corporate Trust as a relationship manager in the CDO group.

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Research and Structuring

Cecilia Beke-Molnar

Cecilia Beke-Molnar

Research and Structuring

Cecilia joined Cairn Capital in August 2016 as an analyst in the research group. Prior to Cairn Capital, Cecilia worked at Lyxor Asset Management as an associate analyst with a focus on high yield credit. Before that she spent three years at Morgan Stanley as a credit analyst covering investment grade and high yield corporates across Europe and the US. Cecilia is a CFA Charterholder.

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Chris Cottrell

Chris Cottrell

Research and Structuring

Chris joined Cairn Capital in 2018 as a senior investment analyst focusing on speciality finance and risk transfer. Prior to joining Cairn Capital, Chris was a vice president at Direct Lending Investments, LLC, an alternative asset manager based in California, responsible for underwriting, structuring and monitoring direct private debt investments, with a focus on the speciality finance sector. Previously, he was an associate at PIMCO in California responsible for monitoring and evaluating a range of public and private market fixed income strategies.

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Tina De Baere

Tina De Baere

Research and Structuring

Tina joined Cairn Capital in 2008 and is Head of ESG and Macro Strategy. Tina previously worked as a portfolio manager in Cairn Capital’s ABS team. Prior to joining Cairn Capital, Tina spent two years as an ABS credit analyst at New Bond Street Asset Management. Prior to this, Tina spent three years as a senior ratings analyst in the Structured Finance Group at Standard & Poor’s where she worked on rating and developing criteria for European RMBS.

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Folkert Jan van der Veer

Folkert Jan van der Veer

Research and Structuring

Folkert Jan is a portfolio manager focused on financial institutions. He joined Cairn Capital in 2009 and has over 18 years’ experience in both buy-and sell-side firms in the UK and the Netherlands. Prior to Cairn Capital he was responsible for credit research coverage of European financial institutions at Dresdner Kleinwort and for servicing Dresdner Kleinwort’s client base, which included the world’s largest institutional investors. Prior to that, Folkert Jan enjoyed a variety of analytical roles, including covering financial institutions at ABN Amro Asset Management and equities at Kempen & Co. He has a CFA (Chartered Financial Analyst) designation.

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Marcus Knight

Marcus Knight

Research and Structuring

Marcus joined Cairn Capital in July 2017 and is an analyst in the research group. Prior to joining Cairn Capital, Marcus was an Associate Director at Barings (Babson Capital) where he worked in the High Yield team covering a range of credits in both the senior secured loan and HY bond universes. Prior to that, Marcus worked for PwC’s Transaction Services business in London focusing on UK mid-market transactions.

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Loic Prevot

Loic Prevot

Research and Structuring

Loic joined Cairn Capital in July 2017 and is an analyst in the research group. Prior to joining Cairn Capital, Loic worked for seven years at Citi where he was a director on the distressed debt trading desk in London. Prior to that, he was an analyst at GSC Group, a credit-focused alternative asset manager, where he invested for the CLOs and mezzanine funds. Loic started his career in the graduate programme of Citigroup and has 14 years of experience in the finance industry.

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Tony Rusev

Tony Rusev

Research and Structuring

Tony joined Cairn Capital in 2018 as an investment analyst supporting the firm’s private structured credit strategies. Tony is responsible for evaluating investments in risk transfer and speciality finance transactions. Prior to joining as an investment analyst, Tony completed an internship with Cairn Capital in 2017, during which he was involved in the analysis of the investment in a UK Corporate risk transfer transaction. Prior to joining Cairn Capital, Tony spent five years at Barclays in San Francisco, where he was a part of a team that provided investment banking services to government and municipal issuers in the United States. During his time at Barclays, Tony provided analytical and quantitative support for senior management.

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Mark Stieler

Mark Stieler

Research and Structuring

Mark joined Cairn Capital in 2007 and is Head of Fundamental Credit Research and Loan Research across Multi Asset Credit and Structured Credit.  Prior to joining Cairn Capital, he was an associate director in GE Capital’s distressed debt and restructuring business where he lead distressed debt investments in mid-size companies.  Prior to that, he worked in M&A and LBO advisory with Goldman Sachs and London-based boutique Hawkpoint Partners.  Earlier in his career he worked for several years in strategy consulting with Arthur D. Little’s Paris and San Francisco offices.

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Corporate Debt Advisory

Hugo Glover

Hugo Glover

Corporate Debt Advisory

Hugo is a member of Cairn Capital’s corporate debt advisory team. He joined Cairn Capital in September 2014 to assist the team in its advisory, structuring and fund management activities. Since joining Cairn Capital he has worked on a variety of both secured and unsecured debt capital market financings in jurisdictions including the UK, Greece and Romania. Prior to joining Cairn Capital he completed his Business BSc (hons) at Oxford Brookes University.

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David Henriques

David Henriques

Corporate Debt Advisory

David is a co-founder and director of Cairn Capital and a member of the Executive Management Committee. David has overall responsibility for Cairn Capital’s corporate debt advisory business. He was formerly co-Global Head of Structured Credit Products with the Royal Bank of Scotland and has extensive experience in real estate and credit products. Prior to that he held various senior positions in corporate finance and insurance companies. He is a Non-Executive Director of Azur Group Holdings Limited, an Insurance Managing Digital Agency which partners with carriers and brokers to build, underwrite and distribute digital Insurance products. He is also a Non-Executive Director of WideCells Group PLC, a UK Listed Company that is an international specialised provider of stem cell services.

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Cyrus Kateli

Cyrus Kateli

Corporate Debt Advisory

Cyrus is a member of the corporate debt advisory team. He joined Cairn Capital at its inception and until 2016 was responsible for treasury and pre-trade approval for the fund and structured finance businesses managed by Cairn Capital. Cyrus qualified as a chartered accountant with Deloitte & Touche in 1991 before joining RBS in 1993, where he also qualified as a Member of the Association of Corporate Treasurers in 1997. He spent ten years at RBS, two of which were spent as Group Balance Sheet Manager and the last five of which were spent working in the Structured Credit Products Group. He has extensive experience of treasury, credit products and insurance capital.

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Hoai Pham

Hoai Pham

Corporate Debt Advisory

Hoai is a member of the corporate debt advisory team. He joined Cairn Capital in October 2012 to assist the team in its advisory, structuring and fund management activities. Prior to joining Cairn Capital he was a member of Stam Europe’s investment team in Paris where he worked on real estate transactions in France, Italy and Spain, modelling and analysing a wide variety of opportunities across the capital structure. Prior to working at Stam Europe, Hoai spent three years at Mountgrange Investment Management in London participating in the fund raising and assessing investment opportunities in the UK. Prior to 2007 he held various analyst positions at The Situs Companies, UFG REM (now La Française AM), and Hypo Real Estate Bank International (now Deutsche Pfandbriefbank).

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Birju Shah

Birju Shah

Corporate Debt Advisory

Birju joined Cairn Capital in 2010 and is responsible for the firm’s corporate debt advisory activities across Europe. Prior to joining Cairn Capital, Birju held roles at Deutsche Bank, JP Morgan and Kleinwort Benson that encompassed various debt/equity origination and placement activities on a principal basis across Europe and select emerging markets.

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Risk Management

Jean-Paul Paschier

Jean-Paul Paschier

Risk Management

Jean-Paul joined Cairn Capital in 2018 and is a member of the risk management team. Prior to joining Cairn Capital, Jean-Paul spent three years at BNP Paribas in London as a market risk analyst focused on structured credit. Prior to that, he spent two years at BNP Paribas in Japan as a market risk analyst focused on rates.

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Graham Murphy

Graham Murphy

Risk Management

Graham joined Cairn Capital in 2010 as a portfolio manager responsible for a legacy structured credit asset management mandate and joined the risk management team in April 2014 where he now holds the position of Chief Risk Officer. Graham is a member of the Executive Management Committee. Prior to joining Cairn Capital he was an Executive Director on the structured credit desk at JP Morgan and before that he was a credit derivative trader at Citigroup. He has over 20 years of experience in the finance industry, 13 of which have been spent as a quantitative analyst, structurer, trader, portfolio manager and risk manager in the credit markets.

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Business Development

Sophie Alabaster

Sophie Alabaster

Business Development

Sophie joined Cairn Capital in 2014 and is a member of the business development team, focusing on investor relations. Before joining Cairn Capital, Sophie worked for four years at The Carlyle Group in the fund management team where she was actively involved in the fund operations and fundraising of the private equity funds targeting Europe and the Middle East.

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Melissa Bockelmann

Melissa Bockelmann

Business Development

Melissa joined Cairn Capital in January 2018 and is a senior member of the Business Development team. Melissa has over 18 years’ experience in credit spanning distribution and portfolio management as well as product structuring. Prior to joining Cairn Capital, she was a director at 3i Debt Management where she helped grow the firm’s non-CLO business securing seed investments and several significant tickets for the firm’s credit funds. Prior to that, she worked in sales and trading for Cantor Fitzgerald, and at Bank of America Merrill Lynch in structured credit syndicate. She began her career at AXA Investment Managers in Paris in high yield credit fund management before transitioning to the structuring and marketing of AXA IM-managed credit funds.

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Manuel Delgado

Manuel Delgado

Business Development

Manuel is responsible for business development and has been with Cairn Capital since January 2005. Prior to joining, he spent over eight years at JPMorgan where latterly he managed the Iberian fixed income and credit distribution business. Prior to that, he was in charge of debt capital markets for Iberia, as well as running its syndicate business. Prior to JPM, Manuel held several senior positions at Citibank, Banesto and BBVA in the capital markets areas.

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Zachary Farmer

Zachary Farmer

Business Development

Zachary joined Cairn Capital in 2018 and is a member of the business development team. Prior to joining Cairn Capital, Zachary was an investment director for Ten Nineteen where he was responsible for sourcing, evaluating, managing and fundraising for real estate development projects. Prior to that, he was the head of business development at Camares Capital, a European credit-focused relative value hedge fund. Zachary started his career as an analyst at New Holland Capital in New York where he was responsible for both investment and operational due diligence of hedge funds spanning a wide variety of public and private market strategies. Zachary holds the CFA and CAIA Charterholder.

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Aysha Green

Aysha Green

Business Development

Aysha joined Cairn Capital in 2007 and is a member of the business development team, focusing on investor relations. Before joining Cairn Capital, Aysha worked for two years at Citigroup in the operations group for one of their institutional hedge funds where she gained experience of an array of traded equity products and OTC credit derivatives and the asset management industry generally, as well as obtaining the CFA UK Level 4 Certificate in Investment Management (formerly IMC). Before joining Citigroup she worked at GlobeOp as an associate in their OTC support team.

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Fahim Imam-Sadeque

Fahim Imam-Sadeque

Business Development

Fahim is a senior member of the business development team and joined Cairn Capital in July 2016. He has worked in the asset management industry since 1991 and qualified as an actuary in 1995. Prior to joining Cairn Capital, he spent 12 years focused on selling fixed income asset management products, in long-only, long/short and closed-end formats, most notably at BlueBay Asset Management from July 2004 to December 2011 where, at the time of leaving, he was Head of Sales for UK, Middle East and Australia and was part of a team that grew BlueBay’s assets significantly over this time period. He has subsequently worked at Goldbridge Capital Partners, ECM Asset Management and, most recently, at Chorus Capital. Fahim has historically focused on coverage of institutional investors and their consultants on a global basis.

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Josh Leffen

Josh Leffen

Business Development

Josh joined Cairn Capital in 2018 and is a member of the business development team, focusing on investor relations.

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Priscilla Leung-How

Priscilla Leung-How

Business Development

Priscilla joined Cairn Capital in May 2018 and is a member of the business development team, focusing on investor relations. Prior to joining Cairn Capital, Priscilla was a Vice President at EPIC Private Equity where she assisted private equity and private debt managers with their fundraising. Prior to that, she was an Associate Director at BlueBay Asset Management where she focused on investor relations and fundraising for the firm’s private debt strategy. Prior to Bluebay, she spent eight years at Pantheon Ventures in the investor relations team, responsible for the coverage of French speaking and Israeli client relationships.

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Robert Pierce Jones

Robert Pierce Jones

Business Development

Robert is a co-founder and director of Cairn Capital and a member of the Executive Management Committee. Robert is responsible for Cairn Capital’s business development function. He was formerly Managing Director, Europe at Banque AIG, the European subsidiary of AIG Financial Products Corp., where he worked for over 13 years and was instrumental in building and successfully running the London structured finance team. He was previously in the capital markets group at Bankers Trust Company.

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Riccardo Scarpa

Riccardo Scarpa

Business Development

Riccardo joined Cairn Capital in August 2017 and is a member of the business development team. Before joining Cairn Capital, Riccardo spent three years at Wells Fargo Asset Management where he was a Sales Director. Prior to WFAM, he spent three years at Cleopatra Consulting Ltd., delivering alternative investment solutions across Southern Europe as a third party marketer. Before Cleopatra Consulting, Riccardo worked at Aladdin Capital supporting the European sales and marketing efforts.

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Operations and Treasury

Jenny Allen

Jenny Allen

Operations and Treasury

Jenny joined Cairn Capital in 2012 and is a member of the treasury group, responsible for cash and collateral aspects of the credit funds managed by Cairn Capital. Before joining the company, Jenny was an account manager for automotive and construction industry clients at ArcelorMittal, and prior to this worked for China Central Television as a documentary reporter in the build-up to the Beijing Olympics. Jenny has a degree in Linguistics and French and speaks Mandarin Chinese.

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Melek Avci

Melek Avci

Operations and Treasury

Melek joined Cairn Capital in 2011 as Middle Office Manager, where, among other things, she works on the operational support of the credit funds and transactions managed by Cairn Capital and has also completed several projects related to operational system improvements at Cairn Capital. She has been active in the industry since 2005 and, prior to joining the firm, worked at several hedge funds in the UK and Switzerland mainly within the middle office with focus on OTC products. Melek has a broad product knowledge and has also been a part of two hedge fund launches. She has previously completed a project at Comac Capital within the trade support function and has also worked at Man Investments as Fund Control Analyst, James Caird Asset Management as Middle Office Analyst, Jabre Capital Partners and GLG Partners.

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Chris Bentley

Chris Bentley

Operations and Treasury

Chris is the Chief Operating Officer of Cairn Capital and a member of the Executive Management Committee. Prior to joining Cairn Capital in 2005, he spent 10 years at Credit Suisse First Boston in London, Hong Kong and Tokyo where he undertook a variety of roles including strategic change management and new business development as well as derivative operations and Global Head of Emerging Markets Operations. Prior to CSFB, Chris worked at Swiss Bank Corporation and JP Morgan in derivative operations and middle office roles.

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Ben Dyson

Ben Dyson

Operations and Treasury

Ben joined Cairn Capital in 2017 as a member of the operations and treasury group focusing on treasury and pre-trade approval for the fund and structured finance business. Prior to joining Cairn Capital, Ben spent six years at Dalton Strategic Partnership LLP in the operations team. Prior to that, Ben worked for Barclays Capital on the interest rate derivative confirmations team.

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Chris Keogh

Chris Keogh

Operations and Treasury

Chris joined Cairn Capital in August 2016 and is a member of the operations and treasury group where he is responsible for fund accounting and performance analysis for Cairn Capital’s funds business. Previously, Chris spent three and a half years working for Galena Asset Management Limited in London before switching in October 2014 to work for the Swiss entity in Geneva for 18 months where he was also a fund accountant, working on Private Equity, Credit and metals derivative funds, as well as corporate accounting. Prior to Galena, he worked for one year at BP and one year at Shell working in the accounting departments of the oil trading divisions. Chris holds the ACCA accounting accreditation.

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Matthew Lockwood

Matthew Lockwood

Operations and Treasury

Matthew joined Cairn Capital in November 2017 and is responsible for treasury for the fund and Cairn Loan Investments LLP loan portfolios. Prior to joining Cairn Capital, Matthew spent two years at Investec Bank working in Aviation and ABS fund management. Prior to Investec, Matthew was a senior analyst at Virtus Partners for two years, managing the collateral administration and middle office services to asset managers across Europe. Prior to Virtus, Matthew worked for four years at Investec Bank working as an analyst on the CLO desk. During his career Matthew has worked across a range of products including CLOs, ABS, aviation funds, leveraged loan funds and originator vehicles.

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Robert Perry

Robert Perry

Operations and Treasury

Robert joined Cairn Capital in 2008 and is responsible for treasury and pre-trade approval for the fund and structured finance businesses managed by Cairn Capital. Prior to joining Cairn Capital, Robert spent three years at Wharton Asset Management where he was responsible for the compliance monitoring and treasury aspects of a variety of complex ABS/MBS and synthetic CDOs. Prior to Wharton, Robert had over six years’ experience with Legal & General Investment Management and AXA Investment Managers gaining exposure to various fixed income and derivative products.

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Yundi Wang

Yundi Wang

Operations and Treasury

Yundi joined Cairn Capital in 2017 and is a member of the operations and treasury group where he is responsible for fund accounting and performance analysis for Cairn Capital’s funds business. Yundi began his career at Apex Fund Services and progressed within three years to become senior fund accountant and process development analyst. He then joined global macro hedge fund Idalion Capital, working as finance and business analyst for two years and taking ownership of fund accounting, management accounting and operational processes. Yundi holds a BSc in Accounting and Finance from the London School of Economics and Political Science.

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Legal

Leena Kerai

Leena Kerai

Legal

Leena joined Cairn Capital in June 2017 and is a lawyer in the legal team where she works on a variety of legal aspects of Cairn Capital’s business. Prior to joining Cairn Capital, she was a lawyer at Principal Global Investors, and before that spent a short period within the compliance team at Vanguard, Europe. She trained and qualified as a solicitor within the in-house legal team at SS&C GlobeOp.

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Dawn La Monica

Dawn La Monica

Legal

Dawn joined Cairn Capital in 2015 and is the Chief Compliance Officer responsible for ensuring consistency of conduct, internal governance and accountability for the regulated activities carried out at the firm. This includes the development and implementation of all policies and procedures, running an effective compliance monitoring programme, carrying out compliance monitoring reports and regulatory updates which are delivered to senior management and overseeing interaction with regulators.  Prior to joining Cairn Capital, Dawn acted as a compliance consultant to alternative asset managers with Cordium. Before that she worked on the AIFMD on-boarding and implementation project as a team leader with the Financial Conduct Authority and worked for Capital Group in their due diligence department for two years. Dawn also has five years of experience in financial business development at Bloomberg and Mellon Private Wealth in NYC.

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James Starky

James Starky

Legal

James joined Cairn Capital in 2005 and is the Chief Legal Officer, responsible for legal oversight of all aspects of its business. He is a member of Cairn Capital’s Executive Management Committee. Prior to joining Cairn Capital, he was Associate General Counsel of Banque AIG, the European subsidiary of AIG Financial Products Corp., and before that he was a partner for two and a half years at Cadwalader Wickersham & Taft and a partner for five years at Freshfields.

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Shaun Wood

Shaun Wood

Legal

Shaun joined Cairn Capital in 2006 and is a senior lawyer in the legal team where he works on all legal aspects of Cairn Capital’s business. Within this role, Shaun is responsible for the structuring and implementation of new funds and investment structures in the UK, Ireland and off-shore centres, CLOs and structured finance transactions, bespoke managed accounts and other investment products. He was admitted as an attorney in South Africa where he worked for two years at a leading corporate and commercial law firm, with particular focus on banking and finance, commercial litigation and competition law.

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Finance

Samantha Bartlett

Samantha Bartlett

Finance

Samantha joined Cairn Capital in 2014 and is responsible for all aspects of financial and management reporting. Samantha is a member of the Executive Management Committee. After graduating from the University of Bath with a degree in Business Administration, Samantha joined Macquarie where she had a number of roles within the financial management team, most recently being the finance business partner to Macquarie Capital in EMEA. Whilst at Macquarie, Samantha qualified as a Chartered Accountant and is a member of the ICAEW.

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Reema Shah

Reema Shah

Finance

Reema joined Cairn Capital in 2018 as part of the finance team where she assists with all aspects of financial and management reporting. Reema has over 10 years of experience working in the banking and investment management industry. Prior to joining Cairn Capital, Reema worked as a Financial Accountant for HSBC Holdings.

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Infrastructure and IT

Michael Barton

Michael Barton

Infrastructure and IT

Michael joined Cairn Capital in 2018 and is a member of the IT group. Prior to joining Cairn Capital, he worked for three years as a web developer at FortressGB.

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Christopher Duxbury

Christopher Duxbury

Infrastructure and IT

Chris joined Cairn Capital in 2010 and is a member of the IT group. He has several years’ experience developing applications and models within investment banking, telecommunications and hedge funds. Chris joined Cairn Capital from Marble Bar Asset Management, where he was the lead technical resource for development of their risk systems, as well as helping to develop their assisted trading platform. Prior to that, he worked in an IT function at Rothschild.

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Ian Gibson

Ian Gibson

Infrastructure and IT

Ian joined the IT team at Cairn Capital in 2011. He is a software engineer with over 10 years’ experience in the finance sector developing client and server applications and specialising in systems development. He began his career at Sungard, developing a platform for market and credit risk, and later focused on distributed grid processing. Prior to joining Cairn Capital, Ian was a senior developer at Barclays Capital leading the development of a cross team modular platform primarily targeted at Exotics.

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Andrew Haddleton

Andrew Haddleton

Infrastructure and IT

Andrew joined Cairn Capital in 2007 and is the Chief Technology Officer and a member of the Executive Management Committee. He has significant experience of derivatives markets in a variety of management, trading, risk management and financial engineering roles. He has held the positions of Head of Derivatives Trading at RBS and SocGen, London and Head of Capital Markets at Hambros. Latterly he was CEO of Electronic Trading Solutions Limited (ETS), which he founded in 1999, and which continues to specialise in the implementation of risk based trading software models for exchange traded products. With ETS he was instrumental in setting up a successful futures business at ICAP in both London and New York.

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Andrew Reilly

Andrew Reilly

Infrastructure and IT

Andrew joined Cairn Capital in 2013 and is a member of the IT group. He is a database specialist with over 17 years’ experience, working in a number of different industries including manufacturing, health care and the public sector. Andrew has a BSc honours degree in Business Information Systems from the University of Portsmouth. Prior to this Andrew also had extensive accountancy experience having worked in an accounting practice for a number of years.

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Administration

Jennifer Heath

Jennifer Heath

Administration

Jennifer joined Cairn Capital in June 2017 and is the office manager, supporting all areas of the business in an administrative capacity. Prior to joining Cairn Capital she gained extensive experience in a variety of administrative roles in both the non-profit and private sector in France, Mexico and the UK.

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Arabella James

Arabella James

Administration

Arabella joined Cairn Capital in May 2017 and supports the corporate advisory team in an administrative capacity and in the organisation of travel and meetings.

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Ann-Marie Webb

Ann-Marie Webb

Administration

Ann-Marie joined Cairn Capital in June 2017 and supports the business development team in an administrative capacity and in the organisation of travel and meetings.

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Responsibility

Giving something back

Cairn Capital wants to build a company of which we can be proud. Part of this involves investing in our responsibilities in a way that makes a real difference. Our Corporate Social Responsibility Programme has supported, amongst others, the following organisations and cultural events:

Stop the Traffik

Coram Foundation

Willow

One Degree