LONDON May 9 Paul Mehta is set to join Aberdeen
Asset Management to head up and grow its new loan
Mehta will join in July as global head of loans and will be
based in London, reporting to Aberdeen Asset Management’s global
head of high-yield Steve Logan.
He will focus on both the primary and secondary loan markets
across Europe, US and the emerging markets, formalising Aberdeen
Asset Management’s loan activity, which until now has not had a
Mehta will buy and trade par loans but could also invest in
some special situation opportunities.
“Paul’s appointment is part of our strategy to strengthen
further our loans capability, where we have been investing for a
number years. This also reflects the increasing appetite from
clients to invest in loans,” Logan said.
Mehta joins from BNP Paribas where he worked from 2012, most
recently as a senior loan and distressed trader. Prior to that
he was at Bank of America Merrill Lynch and ABN Amro.
(Editing by Christopher Mangham)