Moelis Australia has appointed private credit veteran Oliver Trajcevski as a Managing Director to further expand the firm’s private credit investment strategy.
Mr Trajcevski is the former co-founder and Head of Credit of Dinimus Capital where over the last ten years he has launched and managed three private credit funds with investment capital of $400 million.
He will play a key role in Moelis Australia’s further expansion into private credit with the creation of a new fund focusing on SME and mid-corporate lending set to open in late 2019/early 2020. This fund will sit alongside the firm’s real estate credit funds and its fixed income fund.
Head of Asset Management Andrew Martin said Moelis Australia was currently managing in excess of $800 million in credit related funds as part of the firm’s overall $3.9 billion of assets under management.
“Credit is a core area of specialty across both Asset Management and in Corporate Advisory. Oliver will augment the firm’s existing deep credit capability.
“We see significant ongoing opportunity for strong alternative credit managers in the current environment as our investors seek attractive risk-adjusted returns in credit.
“Few can match his level of experience in private credit,” he said.
Prior to founding Dinimus Capital, Mr Trajcevski established the corporate business at Fortress Capital and led credit due diligence and underwriting at GE Commercial. Over his 22-year career he has been involved in more than $2.5 billion worth of private credit investments.
“I am delighted to be joining a growing business that is ready to support the scale of opportunities I currently see available to investors in private credit,” Mr Trajcevski said.
“Given the depth and breadth of experience in credit already at the firm, I expect we can enter the private credit space with significant momentum.”