Macquarie strengthens specialist fund finance capability with senior appointment

London, 30 Aug 2017

Macquarie Specialised Investment Solutions (MSIS) has appointed Steve Berry as Division Director of its Fund Finance business.

The Fund Finance business specialises in providing bilateral and syndicated lending transactions to investors in, and sponsors of, top-tier private equity and hedge funds.

Based in London, Steve will be responsible for expanding existing credit fund financing capabilities and driving the expansion of Macquarie’s Fund Finance coverage in Europe, focusing on opportunities across private equity and private debt funds. Steve will report to Pratap Dasgupta and Mike Vitelli, co-heads of the business, both of whom are based in New York.

Steve brings more than two decades of industry experience to Macquarie, having spent nearly twenty years in structured finance. He joins from Investec where he was Head of Credit Portfolio Leverage, leading the first dealer financing programme for collaterised loan obligation (CLO) risk retention, financing sponsor and originator-style transactions.

Mike Vitelli, Senior Managing Director, Fund Finance, commented: “We are seeing increasing demand from institutional investors – and particularly, private equity and private debt funds – for our tailored fund finance solutions. Steve’s appointment will provide a strong foundation to deliver tailored products to the European fund finance market.”

Media enquiries

Lauren Jefferys
Macquarie Corporate Communications
+44 203 037 2860 

About Macquarie Group

Macquarie Group Limited (Macquarie) is a diversified financial group providing clients with asset management and finance, banking, advisory and risk and capital solutions across debt, equity and commodities. Founded in 1969, Macquarie employs 13,597 people in over 27 countries. At 31 March 2017, Macquarie had assets under management of £294 billion. For further information, visit

About Macquarie Specialised Investment Solutions

MSIS is a division within Macquarie Asset Management, Macquarie Group’s asset management business. MSIS arranges debt solutions across a number of sectors. It also manufactures and distributes a range of tailored investment solutions over funds and listed equities including fund-linked products, principal protected investments, a hedge fund incubation platform, agriculture investment solutions, infrastructure debt funds management and restructuring solutions. The division is recognised for product innovation, with a strong track record of delivering tailored solutions to the market.

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