June, 2023

MV Credit, an affiliate of Natixis Investment Managers, today announced the promotion of Murtaza Merchant as a Managing Partner and Roland Toppen as a Partner

As part of ongoing succession planning Murtaza Merchant becomes Managing Partner and Roland Toppen becomes Partner. Murtaza will Co-Head Business Development with Nicole Downer and Roland will continue to lead the Finance team as Chief Financial Officer.

MV Credit benefits from a long-standing and highly experienced leadership team. Lemy Gresh and Doug Evans Co-Founders and Managing Partners retired in April but will remain involved as Senior Advisors on the investment boards of existing MV Credit funds.

In other changes announced by the firm Managing Partner Rafael Calvo becomes Chief Investment Officer. As CIO Rafael will be responsible for investment and portfolio strategies. François Decoeur, Partner becomes Chief Credit Officer. As CCO, François will focus on investment selection, oversight, and restructuring; in his new role he will work closely with the CIO, the investment team, and the Credit Monitoring team.

Managing Partner Nicole Downer will Co-Head of Business Development with Murtaza Merchant. As Heads of Business Development, Nicole and Murtaza are responsible for driving AUM growth, managing, and retaining investor relationships as well as overseeing the development and implementation of products that align with the firm’s long-term goals and objectives.

Frédéric Nadal, Chief Executive Officer said. ”Congratulations to Murtaza and Roland and special thanks to Lemy and Doug for laying such strong foundations that enabled MV Credit to grow into the successful private credit firm it has become today. MV Credit has continued to flourish during recent market turbulence and this is a reflection of one of the most highly experienced management teams in the Private Debt market"