Welcome to LCM Partners

LCM Partners is one of Europe's leading specialist investment management and consulting firms, with over 16 years' experience investing in credit.

About LCM

LCM offers fund management and specialist consulting services to investors, financial institutions and regulatory bodies.

LCM is widely recognised for its deep understanding of credit and track record of generating strong, risk adjusted returns for its clients through investments in performing and non-performing loans.

Our team has an average of 17 years' experience with backgrounds in asset management, investment banking, strategic consulting, M&A and business intelligence. The core senior management team has been in place for over 10 years.

We benefit from a proactive approach with banks and financial institutions, often transacting on a repeat basis or building long term exclusive partnerships. Supported by our associated loan servicing company, Link Financial Outsourcing, as a group we employ over 450 people across 8 European offices.

LCM has established a global network of servicing partners that further enhances our reach, providing unparalleled access to transactions and opportunities across the key European and global markets.

Over 16 years

experience investing
in European credit

Proven track record

of managing close to
2,000 portfolios

Strong credit expertise

within performing and
non performing loans

8 European offices

provide superior access
to our key markets

Investment Management

LCM has one of the strongest origination capabilities in Europe and is responsible for managing over €12 billion across almost 2,000 portfolios.

There is no substitute for experience in this market. We have a proven track record of investing in credit since 1999 and generating stable, double digit returns for our clients across the economic cycles.

The marketplace we operate in is large and offers a continual flow of investment opportunity; LCM targets mid-market transactions of €5-75 million across consumer and SME loans including credit cards, mortgages, personal and commercial loans, retail credit, auto loans, leasing and asset finance, utility bills and consumer public sector (including student loans).

 

LCM’s Investment Management
capabilities are built on:

  • A demonstrable track record with the leading European financial institutions that stretches back to the 1990s
  • A static pool data warehouse that can report on individual payments across c. 2000 portfolios; and
  • Our proven track record of creating opportunities for banks whilst delivering stable returns for our investors

Typical pool of portfolios

  • Credit cards 30%
  • Unsecured retail 20%
  • Auto loans 30%
  • Asset finance / leasing15%
  • SME loans / leasing15%
  • Other receivables (e.g. public sector)5%

Advisory

Our industry experts have built a deep knowledge bank across all areas of credit. This has enabled us to develop advisory relationships with some of the most influential financial institutions in Europe.

LCM’s credit experts provide European banks and regulatory bodies with extensive advice across all asset classes covering:

  • Real-time analysis of overall portfolio characteristics and value drivers
  • Utilising our proprietary database, we are able to model, price and substantiate our returns
  • Loan level due diligence, including the valuation of underlying collateral
  • Performance benchmarking of distressed or non-performing pools prior to outsourced placement; and
  • Due diligence on legal, operational, credit and cashflows

We have been working with the European Central Bank (ECB) since 2008, providing advisory services on the their Asset Backed Securities (ABS) loan-level data initiative, a programme with the primary goal of restoring transparency and investor confidence in the European ABS market.

Environmental, Social & Governance principles

LCM Partners recognises the importance of environmental, social and governance (ESG) issues, in the way we invest and the way we manage our investments. We believe that a comprehensive ESG framework, with a strong focus on compliance, promotes good management practices whilst contributing to the long-term success of LCM and our clients.

Our approach is, above all, customer centric:

  • We were a pioneer of the concept in Europe of treating all our customers fairly, ethically and professionally regardless of their personal circumstances
  • Our associated group loan servicing business is rated "Strong" by Standard and Poor's as a special servicer; compliance is a cornerstone of the whole servicing process
  • We have always adhered to and held ourselves up to the highest standards of conduct
  • We regularly advise and instruct our team on their personal and professional responsibilities where ESG risks and opportunities present themselves
  • We rigorously vet our external suppliers to ensure that they share the same high standards of ESG that we hold ourselves up to; and
  • As a firm and as individuals, we spend time in the community supporting and raising funds for local and national charities

People

Our performance is a direct result of the expertise of our team.

    1. Philippe Paillart

      Position

      Group Chairman

    2.  
      Nationality

      French

    3.  
      Experience

      42 years

  • Previous employment history

    Deputy Chairman / CEO of DBS, Chairman / CEO Ford Credit

    1. Paul Burdell

      Position

      Group CEO

    2.  
      Nationality

      American

    3.  
      Experience

      32 years

  • Previous employment history

    Octagon Analytics, JP Morgan Chase, DLJ, United Bank of Kuwait

    1. Selina Burdell

      Position

      Group COO

    2.  
      Nationality

      British

    3.  
      Experience

      22 years

  • Previous employment history

    Octagon Analytics

    1. Adrian Cloake

      Position

      Group CIO

    2.  
      Nationality

      British

    3.  
      Experience

      18 years

  • Previous employment history

    Arthur Andersen Corporate Finance

    1. Hitesh Shah

      Position

      Managing Director

    2.  
      Nationality

      British

    3.  
      Experience

      14 years

  • Previous employment history

    Deloitte Corporate Finance Advisory

    1. Fernando Yanez

      Position

      Managing Director

    2.  
      Nationality

      Mexican

    3.  
      Experience

      15 years

  • Previous employment history

    JP Morgan, Sidley Austin, Basham

    1. Thomas Hengstberger

      Position

      Investment Associate

    2.  
      Nationality

      Austrian

    3.  
      Experience

      7 years

  • Previous employment history

    Deloitte Capital Markets, Standard Bank

    1. Juskurran Hothi

      Position

      Investment Associate

    2.  
      Nationality

      British

    3.  
      Experience

      3 years

  • Previous employment history

    BlackRock

    1. Hans Christian Moller

      Position

      Investment Associate

    2.  
      Nationality

      Danish

    3.  
      Experience

      3 years

  • Previous employment history

    BlackRock

    1. Pier Paolo Radaelli

      Position

      Investment Director

    2.  
      Nationality

      Italian

    3.  
      Experience

      12 years

  • Previous employment history

    AnaCap, Oliver Wyman

    1. Adrien Tonnot

      Position

      Investment Associate

    2.  
      Nationality

      French

    3.  
      Experience

      10 years

  • Previous employment history

    Deloitte Corporate Finance

    1. Angel Tovar

      Position

      Portfolio Manager

    2.  
      Nationality

      Spanish

    3.  
      Experience

      15 years

  • Previous employment history

    BBVA,T-Systems (Deutsche Telekom)

    1. Gordon Watters

      Position

      Chief Risk Officer

    2.  
      Nationality

      British

    3.  
      Experience

      31 years

  • Previous employment history

    Ares Management, Barclays, Credit Lyonnais, Bank of Scotland

    1. Alison Swonnell

      Position

      Director of Fund Operations

    2.  
      Nationality

      British

    3.  
      Experience

      20 years

  • Previous employment history

    Insight Investment, Merrill Lynch, Mckinsey, Prudential

    1. Josephine Bennett

      Position

      General Counsel

    2.  
      Nationality

      British

    3.  
      Experience

      19 years

  • Previous employment history

    Henderson Global Investors, Kantor and Immerman

    1. Farid Shavaksha

      Position

      Director, Consulting and Research

    2.  
      Nationality

      British

    3.  
      Experience

      20 years

  • Previous employment history

    S&P, Morgan Stanley, Simmons Gainsford

    1. Nadya Aleshina

      Position

      Director, Consulting

    2.  
      Nationality

      Russian

    3.  
      Experience

      14 years

  • Previous employment history

    S&P, UNICEF, EBRD, World Bank

    1. Ilaria Vignozzi

      Position

      Director, Consulting

    2.  
      Nationality

      Italian

    3.  
      Experience

      14 years

  • Previous employment history

    S&P

News & Research

Head of Specialty Finance at JP Morgan joins LCM Partners

March 19, 2015

LONDON – CNW

LCM Partners (LCM), a leading European credit specialist, is pleased to announce that Fernando Yanez will be joining its investment management team in April as a Managing Director.

Fernando is a qualified lawyer and an accomplished investment banker with over 17 years’ experience, most recently as Head of Specialty Finance and FIG M&A at JP Morgan (EMEA).  Fernando joined JP Morgan in 2005 and moved to London in 2009, building JP Morgan’s Specialty Finance unit to be one of the best in Europe. Prior to this he specialised in M&A as a lawyer with Sidley Austin Brown & Wood in New York and Basham in Mexico.
Paul Burdell, Chief Executive Officer at LCM, commented:
“Fernando’s experience and well-earned reputation will complement our existing team. This and the strength of his industry relationships will further enhance our sourcing of transactions; already a key advantage of LCM which has invested in over 1,800 portfolios across Europe.  Moreover, as a leading figure in European speciality finance, Fernando’s sell side expertise means he completely understands what value represents and therefore his transition from investment banking to fund management will be seamless. We are delighted to welcome him on board.”
Fernando Yanez commented: “I am delighted to be joining LCM at such an important juncture in the company’s growth. Whilst I would never have considered leaving JP Morgan for another investment bank this opportunity is just too good to turn down.
I have worked with the team and I understand their strengths and the quality of their track record. Having had this experience with them further convinced me that their ambitions closely matched mine and that this is an organization that I want to be a part of.”

Contact us

LCM Partners
Camelford House,
89 Albert Embankment,
London, SE1 7TP UK

Phone:
+44 (0)20 7150 0220

Email: info@lcmpartners.eu

Careers

Join a world class team.

At LCM Partners, we are always looking to hire and develop talented professionals who want an environment where they can be creative, ambitious and have a real impact.

Our expertise in credit management and commitment to excellence are why we are regarded as pioneers in our industry.

If you enjoy being challenged, refuse to accept the status quo and want a rewarding, exciting career, then we want to hear from you. Please send your curriculum vitae and covering letter to careers@lcmpartners.eu