Schroders Capital’s Private Debt & Credit Alternatives team has appointed Bob Paterson as Head of European Asset-based Finance (ABF) and Significant Risk Transfer (SRT) Investments, a senior leadership position within the Securitized Product & Asset-Based Finance (SP&ABF) business, reporting into Michelle Russell-Dowe, Co-head of PDCA and Global Head of SP&ABF.
In this newly created role, Paterson will lead the origination and execution of European, UK and Australian ABF as well as SRT transactions. As a senior investment leader on the SP&ABF team, based in London, Bob will also oversee European and UK Asset-Backed Securities (ABS) activity.
His addition comes as the SP&ABF team continues to identify areas where capital can be deployed attractively across a continuum from investment grade to opportunistic income. Today’s appointment continues the expansion of the ABF & SRT team’s investment capacity and it’s diverse and flexible investment tool kit to facilitate client solutions. The SP&ABF team continues to develop and deliver a range of income-oriented solutions across syndicated and bi-lateral investments to meet clients’ evolving needs. The team’s AUM has surpassed $22bn.
He brings over 25 years of experience in the UK, Europe and the US, with a strong track record in origination, distribution and capital raising across complex structured credit strategies. He joins Schroders Capital from Manulife CQS Investment Management, where he played a key role in building the firm’s ABF platform and supporting the growth of its SRT franchise.
Russell-Dowe said: “ABF continues to gain ground in client portfolios, as a priority for its ability to offer diversification, reduced sector concentrations and collateral-backed, real-economy exposures. Bob’s arrival further positions us to advance and expand our ABF strategies.”
