News

IQ-EQ appoints Head of Debt, Capital Markets & Corporates for the Americas

Michael Passmore has been named as IQ-EQ’s Head of Debt, Capital Markets & Corporates for the Americas, a new role reflecting the growth of this service segment both in the region and globally.

Michael has over 17 years’ experience in alternative asset management, including leveraged finance, corporate finance and capital markets. His expertise stems from managing operations for multi-billion-dollar ‘40 Act mutual fund complexes of open- and closed-end funds, and also includes transactions in structured products, senior and junior secured and unsecured loans, unitranche loans and other asset-based loans.

Michael joined Blue River, part of the IQ-EQ Group, in 2014 as a managing director. Prior to Blue River, he served as Vice-President and Controller for the multi-billion-dollar fund complex of a top-tier asset management company, where he managed the preparation and filing of all SEC reporting documents and was responsible for portfolio surveillance, risk management and oversight of third-party fund administrators.

Before starting his career as a fund accountant for an alternative investment management firm, Michael receiving a BBA in Finance and Accounting from the Neeley School of Business. He also holds a Masters in Economics and Finance from the London School of Economics and Political Science.

Michael is based in Dallas, Texas, and in his new role will work closely with Edward Stevenson, Group Head of Debt, Capital Markets & Corporates. Together, they will seek to develop and implement the segment’s growth strategy in the U.S. and beyond.

Commenting on his new role, Michael said:

“I’m delighted to be taking on this new position in IQ-EQ’s Debt, Capital Markets & Corporates division and look forward to driving continued expansion across the Americas as we build out and strengthen our debt, capital markets and corporate services offering in the region.”

Edward Stevenson, IQ-EQ’s Group Head of Debt, Capital Markets & Corporates, commented:

“With his strong experience in structured finance and debt and loan investment strategies, Michael is a perfect fit for this newly created role. I am confident that, with Michael at the helm, our service segment will be in safe hands as we concentrate on strengthening our position in the Americas, a crucial growth market for the IQ-EQ Group.”

This appointment notably comes as Blue River (together with fellow acquired U.S. businesses Constellation Advisers, Concord Trust Company and Greyline Partners) prepares to rebrand to IQ-EQ in April this year.

Michael Passmore