Rachel McGovern
Joining from Forbes Private Capital Group, Chalian will be based in New York and will focus on project management.
The new vehicle, which made its first loan to support the acquisition of theTrainline.com, is the partners’ third joint-venture and brings the total capital committed by both sides to €13 billion.
The aviation finance specialist will launch its new marketplace lending platform next month.
The loan, provided by Ajman Bank, will be used to finance a dividend recap.
The government-owned mortgage lender has invited specific firms to bid for the assets which have been packaged into three portfolios.
The LSE-listed vehicle was not increased above its target and the shares, sold for £1 each, will begin trading this week.
The firm’s chief executive, who only took on the role in January, has left the Gulf-based firm and is considering a number of other options for his next role.
Today’s leveraged finance market – particularly syndicated loans for larger mid-market companies – doesn’t offer enough of a risk premium for fund investors locking up cash for more than five years.
The EU legislative body has approved new vehicles designed to promote the availability of alternative financing in Europe.
The US real estate and structured finance firm bought the mixed residential real estate debt from the UK bank, which has been winding down its international business since a government bailout during the financial crisis.