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Job swaps weekly: Alantra's SRT hire and Millennium's ABF push

Reported by Structuredcreditinvestor
Sep 4, 2026· 3 min read
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Key Takeaways
  • • Alantra expanded its European investment banking operations with multiple senior hires, including a new head of Germany and three former UBS bankers, as part of a broader European hiring push that resulted in naming 17 new partners—more than double the prior year.
  • • Alantra served as lead arranger for Millennium BCP on a private structured deal, providing full transaction support from inception through closing and regulatory SRT notification, demonstrating the firm's capabilities in structured credit advisory.
  • • Fifth Third Bank expanded its asset-backed finance (ABF) group as part of ongoing securitization talent recruitment, signaling continued institutional appetite for structured finance expertise.
  • • The mid-market investment banking sector is experiencing significant hiring momentum, with Alantra strengthening its US operations through the appointment of Aakash Bhasin as Managing Director, bringing 25+ years of experience in building products and industrial sectors.
  • • Millennium and other major multi-strategy hedge funds collectively hired 1,068 new employees in 2025 despite slower overall hiring trends, with Millennium's active recruitment efforts in capital markets roles underscoring continued competition for specialized talent.
Summary
Alantra, the independent mid-market financial services firm, has announced significant expansion across its investment banking platform, reflecting broader momentum in the structured credit and capital markets sectors. The firm bolstered its European operations with multiple senior appointments, including a new head of Germany and three former UBS bankers joining its ranks. This hiring initiative is part of a larger strategic push; Alantra named 17 new partners—more than double the prior year—during an aggressive European hiring spree, positioning the firm for expanded market share in the region's mid-market advisory space.

In a notable transaction, Alantra acted as lead arranger for Millennium BCP on a private structured deal, providing comprehensive advisory services throughout the entire transaction lifecycle from inception to closing, including regulatory SRT notification to the appropriate authorities. This engagement underscores Alantra's deepening presence in structured credit and specialty finance markets, supporting both institutional clients and significant financial institutions in complex transactions.

Parallel to Alantra's expansion, Fifth Third Bank has expanded its asset-backed finance group, as part of the broader industry trend of securitization and structured credit hiring. The mid-market and securitization sectors continue to attract institutional capital and talent, with multiple firms scaling operations to meet client demand. Alantra further strengthened its North American platform by appointing Aakash Bhasin as Managing Director, leveraging his 25+ years of investment banking experience focused on building products and industrial sectors.

The broader alternative investment landscape reflects similar hiring pressures, with Millennium and other major multi-strategy hedge funds collectively hiring 1,068 new employees in 2025, though this represented a slowdown from 1,660 hires in the prior year. Despite macro headwinds, Millennium's continued recruitment—particularly in capital solutions and alternative asset management roles—reflects institutional demand for specialized expertise in these growing segments. These personnel moves across structured credit, investment banking, and alternative assets signal sustained institutional appetite for talent capable of navigating complex deal structures and evolving market conditions.

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Sources

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AlphaMaven summarised this story from the reporting below. Each link opens the original article.

Structuredcreditinvestor Job swaps weekly: Alantra's SRT hire and Millennium's ABF push