Montreux Capital Management, Advisor to the Montreux Healthcare Fund, has appointed Nikhil Jhangiani as head of risk management and Kenneth Hillen as head of corporate structure and credit.
The appointments further enhances Montreux Capital Management’s investment team. Nikhil and Kenneth join Montreux during a period of expansion for the business, which has seen assets under management doubling over the past 12 months.
Kenneth Hillen has been appointed to advise Montreux Capital Management on corporate structure and credit matters. Kenneth boasts an impressive banking career spanning more than 35 years, which includes senior positions at Anglo-Irish Bank, Bank of Ireland and RBS. Kenneth’s particular area of expertise is in effective credit solutions.
Kenneth also served as the lead advisor to a large care group, restructuring £80 million worth of mezzanine debt utilising his strong banking relationships and expertise. He has a strong history of matching growing companies with funding partners.
Nikhil Jhangiani has been appointed to the newly created head of risk management role and will join the deal analysis team at Montreux Capital Management. A Cornell University scholar, Nikhil has held a number of CIO and CEO positions over the course of his 17 year career in alternatives at Ferrier Lullin & Cie S.A. (UBS), Absolute Return Investment Advisors and Peak Partners S.A. Nikhil has also worked as an analyst and research & business development director at Union Bancaire Privée (UBP) and CBL Worldwide Services respectively.
Montreux Capital Management is best known for managing one of the UK’s largest portfolios of care homes. The Montreux Care Home Fund provides access to the UK’s care home sector. With a rising population and strong upward demographic trends this is a rewarding sector that offers long-term capital growth and sustained income based returns from highly cash generative assets.
While the property market has shown dramatic volatility in recent years, the care home sector has consistently resisted trends.
The healthcare sector has established itself as an asset class in its own right, with its own IPD index. The fund capitalises on high demand for care homes, creating a niche, low-risk, low-volatility investment that offers consistent returns and a high level of income.
Oliver Harris, Managing Partner at Montreux Capital Management, says: “It is testament to the success of our business, and the funds we operate, that we can attract such experienced and reputable people to Montreux. The arrival of Nikhil and Kenneth will further enhance our investment team. They will play an integral role as we seek further opportunities in the care home sector, while continuing to expand our operations globally.”