17Capital, the global go-to source of strategic financing for investors in private equity, today announces the promotions of Nicolò Colombo and Greg Hardiman to the role of Managing Director They will be based in London and New York respectively.
Nicolò joined 17Capital in 2015 from Adams Street Partners and was previously at Credit Suisse in their M&A EMEA Team. He is responsible for sourcing and executing investments in Europe; he is also actively involved in fundraising activities with a focus on Italy, and played a key role in the Oaktree / 17Capital transaction. Nicolò studied Economics at Bocconi University, Milan (where he did an exchange programme at Wharton) and obtained a Master of Science in Finance at the London School of Economics.
Greg joined the firm in 2019 and previously held roles at Man Group and Conning. He is responsible for sourcing, structuring, and executing investments with US-based counterparties. Greg studied Management at Villanova University, obtained his MBA in Finance from Columbia Business School and is a CFA charterholder.
Pierre-Antoine de Selancy, Managing Partner at 17Capital commented:
We are delighted to announce these promotions in light of the hard work and dedication shown by both Nicolò and Greg as we continue to grow on both sides of the Atlantic. We look forward to witnessing their continued growth and development as crucial parts of the 17Capital team.
In 2022, 17Capital and Oaktree Capital signed a strategic partnership agreement, which involved Oaktree taking a majority stake in the firm. As demand for NAV financing solutions has grown in recent years, this partnership enhances 17Capital’s ability to support GPs and LPs worldwide, and particularly in North America. 17Capital’s last fund – 17Capital Credit – raised €2.6 billion, making it the largest debut private credit fund raised globally since 2009 and one of the largest debut funds ever raised (source: Preqin).