Fund Management

Jersey-Based Investment Manager Appoints CIO

Ian Allison 16 June 2006

Jersey-Based Investment Manager Appoints CIO

ACP Capital, a Jersey-based niche investment and fund manager, has appointmented Jeff Bennett as chief investment officer for ACP Mezzanine....

ACP Capital, a Jersey-based niche investment and fund manager, has appointmented Jeff Bennett as chief investment officer for ACP Mezzanine. Mr Bennett will become the company’s CIO upon its admission to the UK's Alternaive Investment Market later this year. ACP Mezzanine, will be a specialist mezzanine lending vehicle managed by the company. Mr Bennett has over 18 years of non-investment grade financing experience, most recently at Morgan Stanley where he was a managing director in the Leveraged Finance Group. During his time at Morgan Stanley, he structured some of the largest European financings including: the €10 billion ($12.6 billion) financing package for Ineos Group Holdings’ acquisition of Innovene, the £1.4 billion ($2.5 billion) financing to support the public to private leveraged buyout of Debenhams, and a €30 billion senior bank facility for France Telecom.

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