Key Takeaways
- • Apollo Global Management has hired Huw van Steenis as a partner, recruiting him from Oliver Wyman where he served as vice-chair for the past four years.
- • Van Steenis brings extensive financial services expertise, having previously served as global head of banks and diversified financials research at Morgan Stanley and as senior adviser to UBS's chief executive and former Bank of England governor Mark Carney.
- • The hire reflects Apollo's strategic focus on financial services advisory and investment decision-making, leveraging van Steenis's deep knowledge of banking sector dynamics and private credit markets.
- • Van Steenis has been a prominent voice on private credit trends, recently discussing the expansion of private credit investment opportunities among affluent investors.
Summary
Van Steenis brings a distinguished background in financial services advisory and research. Prior to his tenure at Oliver Wyman, he served as global head of banks and diversified financials research at Morgan Stanley, where he developed substantial expertise in banking sector analysis. His advisory experience extends to senior roles advising UBS's chief executive and Mark Carney during Carney's tenure as Bank of England governor, underscoring his deep connections within financial markets and regulatory circles.
At Oliver Wyman, van Steenis advised investors and financial institutions on financial, economic, and policy trends to guide investment and strategic decisions. He has been a visible commentator on market developments, notably discussing private credit expansion and the increasing participation of affluent investors in alternative credit markets. His analytical work has informed institutional perspectives on emerging trends in the alternative asset space.
The move signals Apollo's continued focus on recruiting senior talent with established expertise in financial services sectors. Van Steenis's combination of investment banking experience, regulatory advisory background, and management consulting credentials positions him to contribute to Apollo's investment thesis development and portfolio company strategy in the financial services domain.
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