DWS establishes Capital Solutions business unit with appointment of Head of Capital Solutions
DWS today announced the latest development in its strategic growth push in Alternative Credit with the creation of a new Capital Solutions business unit and the appointment of Vlado Spasov as Head of Capital Solutions, effective immediately.
This latest development sees DWS onboard an active deal pipeline, as a cornerstone of DWS’s strategic initiative to fast-track the growth of its EUR 111 billion Alternatives franchise. DWS has a 50-year plus track record in Alternatives including established strength in real estate, infrastructure, liquid real assets and direct lending.
The new Capital Solutions business unit will be part of DWS’s Alternative Credit business and offer sophisticated and flexible solutions in the special situations lending space. The unit adds to DWS’s other strategic initiatives in Alternative Credit which include Direct Lending, Leveraged Loans and Structured Credit.
Based in London, Vlado is a senior industry figure with over 20 years of capital solutions experience. He was most recently Founder & Chief Investment Officer at Trimontium Capital, and was previously a Managing Director in the Hedge Fund Solutions Group at Blackstone and a member of its Special Situations Investing Group. Prior to that Vlado was a Principal at Ares Management and Vice President at Fortress Investment Group.
Vlado holds a BA in Business Administration from the American University in Bulgaria, and an MBA from The Wharton School of the University of Pennsylvania. He reports to Dan Robinson, Head of Alternative Credit (EMEA).
Dan Robinson, Head of Alternative Credit (EMEA) at DWS, said: “With the appointment of Vlado we are moving forward at pace with our commitment to grow in Alternative Credit. The Capital Solutions strategy addresses an under-served part of the private credit markets between senior debt and equity. Vlado is highly experienced in providing innovative, flexible solutions in this space with a strong and proven track record and we are very pleased to have attracted him to DWS. As well as leading our Capital Solutions business we expect Vlado to play a leading role in the growth of our Direct Lending business.”
Vlado Spasov, Head of Capital Solutions at DWS added: “There are significant opportunities for growth within the most sophisticated areas of the private credit markets, especially in the delivery of complexity premia to our investors. I look forward to working with the team at DWS and building a leading capital solutions franchise.”