Richard Sehayek has been named as co-head of Europe for alternative credit at Ares Management Corp., according to a news release.
Sehayek joined Ares in 2023 as part of the alternative credit team, which focuses on asset-based finance.
In the new role, he will be expected to supporting the global team in delivering differentiated and tailored financing solutions.
“We are excited to appoint Richard as co-head of Europe as we continue to drive the growth of our alternative credit strategy across the asset based finance markets,” said Kevin Alexander, global co-head of alternative credit at Ares, in the news release.
Stefano Questa acts as the other Europe co-head at Ares, and will work alongside Sehayek.
Prior to Ares, Sehayek was a managing director and global head of origination for fund financing at Credit Suisse for over a decade.
As of Dec. 31, Ares had $41.6 billion in assets under management.