Aztec Group has appointed a Director with more than 25 years of experience in private credit, leveraged finance and portfolio management in its Private Credit team.
Based in Jersey, Andrew Tully joins Aztec from CVC Credit, where he most recently served as Managing Director and Head of Portfolio Management – Direct Lending.
Prior to that, Mr Tully led origination and structured finance teams at Santander and held senior acquisition finance roles across Lloyds Banking Group, RBS and Mizuho.
The fund and corporate services provider said his appointment would help “strengthen” its presence in a “dynamic” and “in-demand” area of private markets.
It added that Mr Tully’s “deep knowledge” of sponsor-backed financing, direct lending and credit risk positioned him to “play a pivotal role” in expanding Aztec’s private credit capabilities.
Kevin Hogan, Head of Private Credit at Aztec Group, said: “Private credit is undergoing a period of rapid evolution, and Andrew brings both the strategic insight and front-line experience needed to help us grow alongside our clients.
“His track record in origination, structuring and portfolio oversight makes him a tremendous asset to our global offering.”
Mr Tully added: “Aztec has built a strong reputation for client service and operational excellence, and I’m excited to help expand that reputation into new areas of private credit.
“As more managers scale and diversify their strategies, the need for experienced, flexible and technically strong partners has never been greater.”