OUR TURN: Loomis Sayles Launches New Private Credit Group
Posted on 01/07/2022
Loomis, Sayles & Company, an affiliate of Natixis Investment Managers, revealed the launch of the Loomis Sayles Private Credit Group along with the hiring of Chris Gudmastad who will lead this effort as head of private credit. Myles Reinecke, CFA, also joins as senior private credit analyst. Private credit, a growing asset class increasingly in demand across the global institutional marketplace, will be a key component of Loomis Sayles’ client-based solutions suite going forward. Both Chris Gudmastad and Myles Reinecke are based in Minneapolis, Minnesota.
Securian Asset Management
Chris Gudmastad brings more than 20 years of financial services experience to his new position, most of which focused on private credit. He comes to Loomis Sayles from Securian Asset Management, Inc., where he was vice president and head of private credit. In that role, Chris Gudmastad was responsible for all aspects of the management of Securian’s $6.8 billion investment grade private credit portfolio, including the development and execution of the private credit investment strategy and management of the firm’s $3.3 billion external offerings across more than 20 institutional clients.
Myles Reinecke also joins from Securian Asset Management, where he was most recently an asset management senior consultant focused on investment grade private placement opportunities.
Keywords: Securian Financial Group, Inc.
