Previously based in Jersey, Mr McKenna will now join LGL’s Luxembourg office to help strengthen the firm's service offering in this jurisdiction.

He commented: "I have been incredibly impressed by the group’s leadership team and share their values and aspirations to develop a high quality sustainable business within this increasingly important alternative asset class.”

“We are delighted to welcome Steve to the Group as our Head of Debt," CEO John Pirouet added. "Steve brings with him a wealth of knowledge in the Debt sector and has a huge amount of international experience.

"Steve will ensure our multi-jurisdictional debt offering is best placed to service our ever-growing client base. As a Group, Steve’s appointment continues to demonstrate LGL’s commitment to its staff and clients and takes the Group’s offering from strength to strength. I very much look forward to working with him.”