KKR, Deutsche and Blackrock scour Australia for private credit talent
Some of the world's biggest investment firms are hunting for private credit talent in Australia as they look to capture a slice of the burgeoning local market.
Some of the world's biggest investment firms including KKR and Deutsche Bank are hunting Australia for private credit talent as they look to capture a slice of the burgeoning local market.
While locals firms like Tanarra are among the small handful of players dominating dealflow in the nascent local private credit scene, bigger offshore firms are also eying Australia and the broader region for opportunities as macro conditions push them into new territories.
Before the Christmas break, New York-headquartered Blackrock announced the hiring of ex-Nomura MD Stephen Allan, who will now head up its Australasian private credit team.
Well-placed sources told Capital Brief that KKR, known for its appetite for big ticket deals, is also tracking down more Australian private credit operatives, while Deutsche Bank is looking for more Australian special situations operatives. Both firms declined to comment.
