Swiss broker Ifchor's corporate finance arm Helvetic Marine Capital (HMC) has brought in an experienced executive to help it expand.
The company said Hansruedi Winter has been tasked with developing its services, drawing on "his deep and wide expertise in debt financing, debt restructuring and structured equity investments."
Hansruedi has 30 years of experience in banking, ship finance broking and advisory work.
HMC was established in July 2017 and has grown significantly since then, Ifchor said.
Manu Ravano, CEO of Ifchor, said: “I am fully confident Hansruedi’s large network of international banks, financiers and shipowners will prove to be invaluable to our all clients as we continue to expand and diversify our range of broking services”.
Winter is listed as an associate director of Swiss brokerage and finance company Bayside Services on its website.
He has worked for various commodity and trade finance banks as well as shipping banks.
He joined Bayside in 2007.
$600m move
TradeWinds reported last year HMC was making a $600m move into corporate finance.
It was working on $100m-worth of investment projects in the dry bulk and tanker sectors at that time.
Those investments were to complement a further debt financing of around $500m, which was being arranged on behalf of 15 clients with a network of about 25 banks.
HMC was planning to help its clients raise funds to invest in modern secondhand bulkers from handysize to kamsarmax in one project, and VLCC newbuildings in another.
