Simon Mullaly returned to Imperial Capital as a managing director to launch a European private credit group for which he will serve as head trader. He will be based in Stamford, CT.
The new group will source private European credit investment opportunities for Imperial Capital’s institutional investors in both Europe and the U.S.
“We believe that Simon is rejoining the market at the opportune time when there is an increasing appetite for special situations trading in both Europe and the US,” Tim Sullivan, president of Imperial Capital, said. “The addition of Simon to head a dedicated European private credit effort affirms the company’s vision to expand our existing credit sales [and] trading franchise into non-cusip trading solutions for our clients.”
Previously, Mullaly was the founder and CEO of Yorvik Partners, a European-based credit brokerage firm that specialized in distressed debt before being acquired by Sterne Agee in late 2013. Prior to founding Yorvik, Mullaly managed trading desks for Deutsche Bank, AG and Lehman Brothers in London.
“I am excited to join Imperial Capital’s well-established fixed income platform that includes bespoke research,” Mullaly said. “I believe that we can leverage Imperial Capital’s platform to grow a private European credit group that complements the growth of private debt in Europe as a credible asset class that is systemically changing and here to stay.”
Imperial Capital is an investment bank offering a platform of services to institutional investors and middle market companies.
