Asset-backed focused private investment firm Veld Capital has appointed Adeeb Ahmed as Managing Director and Head of Investor Relations and Business Development.
Adeeb joins from EJF Capital where he was responsible for European and Asian business development. He has spent over two decades in a range of client facing and senior business development roles across investment banks and alternative asset managers.
Since 2012, Adeeb has been primarily focused on fundraising activities for specialist and opportunistic credit strategies. He started his career on Morgan Stanley International’s graduate programme in 2001 and graduated with a LLB (Hons) from the Edinburgh Law School at the University of Edinburgh.
“We are thrilled to welcome Adeeb to the Veld leadership team in what is another pivotal and exciting appointment for us.
“Adeeb brings a very impressive track record across fundraising, investor relations and wider business development which will help us build on our long track record and better serve investors in the still rapidly evolving private credit universe.
“Today’s market landscape continues to offer a large and growing opportunity set in asset-backed finance which has remained our core focus since inception over 15 years ago.”
Justin Sulger, Managing Partner, Veld Capital
Adeeb’s appointment marks a significant moment for Veld Capital and its strategic direction, as the business looks to build on its 15-year strong track record in the European market focused on private asset-backed finance activity.
This year, the company will continue to grow both its flagship Credit Opportunities strategy and further develop its direct real estate strategy in a bid to strengthen its position as an innovative solutions provider of choice to banks and other financial institutions.
Adeeb’s vast client facing experience and expertise across a range of credit-oriented products will allow Veld Capital to continue to build on an already strong and well-established track record.
Last month, Veld Capital acquired Saltwater Place and Mary Parker House – two purpose-built student accommodation (PBSA) assets in Plymouth, totalling 513 rooms. The company worked in partnership with Avignon Capital on the acquisitions.
