AEW has created a new private debt platform to manage its Natixis acquisition.
The firm has picked up the Natixis Investment Managers International debt team, which has around €1.2bn of assets under management, including infrastructure and aviation, and the newly launched SME private debt business.
Natixis’s 21-strong team, including chief investment officer Denis Prouteau, will join AEW’s newly created private debt platform, which will be headed by Jonathan Stevens.
Previously the head of BlackRock’s European debt arm, Stevens will work out of AEW’s London office, also joining the firm's European executive committee.
Commenting on the appointment, Stevens said that AEW’s “expansion into infrastructure debt represents a great opportunity and I look forward to working with the team as we embark on this journey”.