LONDON, 3 September 2019 – Spire Partners (“Spire”) announced today that Daniel Bates has joined the firm as a Junior Portfolio Manager, focused on structured credit investing. Daniel was previously a Junior Portfolio Manager at Wyetree Asset Management, and will broaden Spire’s capabilities as it continues to grow its product offering to investors.
Last year Spire raised its first multi asset credit fund, Spire Partners Credit Master Fund ICAV, which invests in loans, bonds and structured credit. Since inception, the fund has delivered an annualised net return to investors of in excess of 10%.
“We are delighted to continue to attract individuals of Dan’s calibre. He brings an established and impressive track record of investing in European structured credit markets, and further strengthens and supplements our growing team”, said Oliver Drummond Smith, Partner and Portfolio Manager.
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