We’re proud to announce the addition of Tim Steele as the newest Partner at NLC Capital Partners and a member of our Investment Committee. Tim brings a distinguished background from AIG, where he spent over 15 years investing in a range of public and private structured finance asset classes and successfully built out AIG’s Fund Finance capabilities as Head of the Structured Alternatives team.
Neno Raic, Founding Partner at NLC, expressed, “We’re delighted to welcome Tim as a Partner to NLC. His experience and expertise will be crucial as NLC continues to grow and expand its capabilities as one of the leading fund financing alternative lenders.”
Tim Steele added: “I am delighted to be joining the team at NLC and I am looking forward to contributing towards growing this innovative fund finance lender”
Prior to joining NLC, Tim was Managing Director and Head of the Structured Alternatives team at AIG Asset Management (Europe) Limited. During his 16 year career at AIG he performed a variety of roles covering portfolio management, structuring, trading and investing across a range of public and private structured finance asset classes. His team managed a multi asset portfolio in excess of $10bn equivalent held across US, European, UK, Bermudian and Australian insurance companies.
Tim introduced Fund Finance as a new asset class in 2018, and with his team successfully built a diversified portfolio of $2bn+ equivalent in subscription lines and NAV deals. As a core member of AIG’s Product Development and Solutions group, Tim would use his structuring abilities to assist other AIG Investment teams to develop transactions to solve particular investment needs.
Tim began his career in the audit profession where he trained as a chartered accountant (ICAEW); he is a CFA Charterholder and graduated with a degree in Natural Sciences from the University of Cambridge.