By Muskan Arora
Fadi
BouSamra, ex-CIO of $4.1 billion Nashville (Tenn) & Davidson County
Metropolitan Government Employees Benefit Trust Fund (MEBS), has joined MC
Credit Partners LP (MCCP) as its senior managing director and chief strategist.
BouSamra
stepped down from the pension fund on May 31, and began his new role in credit
in July in Connecticut.
In this
role, he reports to Ashok Nayyar, Founder and Chief Investment Officer of MCCP.
“Drawing
from almost 30 years of experience, including my role as Chief Investment
Officer for the City of Nashville, I am able to offer insights on almost all
areas of institutional investing,” said BouSamra
“In particular,
private markets where I invested over $4 billion of capital. My track record of
taking a public plan from 60% funding to full funding and constructing a
dynamic, adaptable portfolio positions me well for delivering strategic success
aligned with MCCP’s limited partners’ interests,” the ex-CIO told Markets Group.
As the ex-CIO shifts to credit, he
would be responsible for developing innovative strategies that complement middle
market direct lending to drive a risk-adjusted return for investors.
He will also be responsible for collaborating
with the clients to “enhance offerings and will “continuously source new middle
market investment opportunities.”
“After dedicating 20 years to the Metropolitan
Government of Nashville and Davidson County Employee Benefit System (“MEBS”), the
MEBS team has successfully achieved our ultimate goal of reaching fully funded
status,” BauSamra told Markets Group.
“During my tenure at MEBS, the team
and I created a diversified portfolio that can adapt to all market conditions.
My experience executing various strategies and identifying optimal
risk-adjusted returns across private and public markets has prepared me for the
next step in my career,” he added.
Previously,
an internal memo stated that after bringing the pension fund to a fully funded
status with over 20 years of governance, BouSamra decided to move.
MC Credit
Partners LP is focused on providing solutions to middle market companies across
direct lending, structured credit, and collateralized loan obligations.
