Global investment firm KKR has appointed David Krancenblum as Head of France for Credit & Markets, effective August 30, 2022. David Krancenblum will be based in Paris.
Krancenblum will cover all credit and capital markets transactions in France, including senior and junior private debt, structured capital and capital markets solutions for French financial sponsors and corporates, a statement said.
Prior to joining KKR, Krancenblum was in the Leveraged & Acquisition Finance team at Morgan Stanley, focusing on the origination and execution of sub-investment grade financings in France across a wide range of credit profiles and situations. Krancenblum started his career at Credit Suisse where he successively worked in the Leveraged Finance Origination & Restructuring team, and the Leveraged Finance & Sponsors Group. Krancenblum holds a Master’s Degree in Management from HEC Paris.
Matthieu Boulanger, Partner and Co-Head of Private Credit, said: “David is an exceptional addition to the team. His arrival will bolster an already strong momentum, testimony to KKR’s commitment to France, one of Europe’s most dynamic credit markets.”
Jérôme Nommé, Partner and Head of KKR France, said: “We continue to grow our team in Paris across KKR’s full range of strategies, and are delighted to welcome David and the expertise he brings. David’s appointment will help us to further deepen our credit and capital markets offering in this market, reinforcing KKR’s ability to provide tailor-made solutions to French founders and entrepreneurs.”
David Krancenblum, Head of France for Credit & Markets, said: “The breadth of KKR’s credit product offering is a strong fit for the French client universe: our versatile private debt range, combined with our capital markets solutions, offers the agility they need for their strategic transactions across cycles.”
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