Crayhill Capital Management has named Thomas Wickwire as a managing director. Prior to joining Crayhill, Wickwire worked at Perella Weinberg Partners’ asset based value strategy where he was a senior advisor and at Carlyle Group’s financial institutions group where he was a managing director.
New York, January 7, 2016 – Crayhill Capital Management, an alternative asset management firm focused on private structured credit, announced today the appointment of Thomas Wickwire as a Managing Director in the firm’s New York office. He will serve as a key member of the firm’s investment team.
At Crayhill, Mr. Wickwire will leverage his previous experience to help source, underwrite, structure, manage and exit asset-based investment opportunities, particularly in the real asset space, including real estate and mortgage sectors. Specifically, he will be looking to pinpoint mispriced opportunities with attractive fundamental, regulatory or technical dynamics.
“Given the increasingly restrictive regulatory and risk management environment and the resulting pullback of traditional providers of complex asset-based lending, we see tremendous opportunity for specialized, purpose built firms like ours to fill the gap,” said Frederick Horton, Co-Founder and Managing Partner at Crayhill Capital.
“We believe Tom will be instrumental in our efforts to provide financing solutions for underserved real assets sectors and in our mission to generate attractive risk adjusted returns with low correlation to the broader markets,” added Josh Eaton, Co-Founder and Managing Partner at Crayhill Capital.
Mr. Wickwire brings over 20 years of alternative investment and private structured credit expertise to Crayhill. He most recently worked as a Senior Advisor to Perella Weinberg Partners’ Asset Based Value Strategy, with direct oversight to the funds’ investment in $1 billion of nonperforming residential and commercial real estate loans. Previously, he served as a Managing Director in Carlyle Group’s Financial Institutions Group, focused on investing in a variety of specialty finance companies, banks and insurance companies in the US, Europe and Asia. He also worked as the Global Head of Structured Products at Wachovia Securities, and as the Global Head of Structured Product Syndicate at UBS.
About Crayhill Capital Management
Crayhill Capital Management LP is a New York based alternative asset management firm that specializes in sourcing and investing in a broad range of illiquid credit and asset-based opportunities. The firm was founded by Joshua P. Eaton, Frederick H. Horton and Carlos Mendez, and leverages their collective experience to create unique solutions for the benefit of their investors and counterparties. The firm was launched in August 2015 and is registered with the SEC as an investment adviser.
Crayhill strives to deliver capital solutions through tailored financing structures, focusing on markets in North America, Latin America and Europe. The firm’s asset-based investment strategies draw on deep sector expertise and relationships throughout the structured finance and specialty finance markets. The firm’s investment process focuses on fundamental analysis combined with active structuring, with an emphasis on asset coverage and capital preservation.
As of December 2015, Crayhill has assets under management of approximately $860 million. For more information please visit www.crayhillcapital.com.