CR Investment Management has appointed Andreas Costa as associate director of its CR Financial Solutions business.
CR Investment Management has appointed Andreas Costa as associate director of its CR Financial Solutions business.
CR is the pan-European financial advisory firm covering real estate, shipping and infrastructure.
Costa will be based in CR’s London office and will be specifically responsible for further expanding the debt and equity origination functions, as well as the underwriting and distribution of performing and non-performing loans.
He joins CR from Lloyds Banking Group, where he was responsible for providing case management and strategic advice to distressed exposures arising from the bank’s legacy and inherited debt and equity positions. Prior to Lloyds, Costa worked at Anglo Irish Bank, where he was responsible for a significant portfolio of asset-backed and project finance exposures.
Alex Rowbottom, director of CR Investment Management, said Costa brings 'extensive' experience in both structuring and restructuring, as well as in origination. 'His joining will further strengthen our offering. As markets have developed over recent years, CR amalgamated a number of related financial solutions advisory functions into a single, formally established financial solutions business (CRFS). The CRFS team, working alongside our extensive team of asset specialists across Europe, has already won a number of significant mandates, having underwritten in excess of €12 bn of loans in the last 12 months alone.'
CR is active on both the sell-side in advising clients in relation to restructuring and deleveraging real estate, shipping and infrastructure transactions, as well as on the buy-side in advising clients on acquiring, lending to, managing and resolving transactions across the same sectors.
Founded in 2004, CR has advised on the management and restructuring of more than €30 bn of assets and credit. The company is active in six countries in Europe including the UK, Germany, Ireland, the Netherlands, France and Spain.