Cliffwater LLC, an alternatives advisory and asset management firm, has named Frances Beyers as managing director and head of capital markets for its private debt group. Her role begins November 1, 2020. Previously, she worked at Refinitiv where she was head of middle-market loan analysis.
LOS ANGELES & NEW YORK – OCT. 8, 2020 — Cliffwater LLC, an alternatives advisory and asset management firm, announced today that Frances Beyers will be joining Cliffwater’s Private Debt Group on November 1st as Managing Director and Head of Capital Markets, a new position. In her role, Ms. Beyers will be responsible for market research to support Cliffwater’s rapidly growing multi-manager private debt asset management business.
Ms. Beyers joins Cliffwater from Refinitiv, where she was Head of Middle Market Loan Analysis. Most notably Ms. Beyers has been a fixture in the middle market for over a decade providing market analysis to both managers and investors alike. While at Refinitiv and its predecessor, Ms. Beyers frequently authored middle market commentaries and surveys that have been cited industry-wide and made her a sought-after speaker at private debt conferences.
“I have known Fran for almost ten years now and view her among the industry’s ‘Top 5’ in middle market research. We were fortunate to entice her to our firm,” said Cliffwater CEO Stephen Nesbitt.
“I am very excited to be joining this incredibly talented group of professionals,” added Ms. Beyers. “Cliffwater is growing rapidly and I’m looking forward to contributing my deep industry perspectives on private credit with the investor community, while expanding strong capital markets relationships with managers.”
Ms. Beyers will be based in Cliffwater’s New York City office. Her previous roles include underwriting and portfolio management at Churchill Asset Management, and she began her career in Corporate Finance Advisory at JPMorgan. Ms. Beyers earned her bachelor’s degree from Washington University in St. Louis.