Jaime Lamo de Espinosa and Jordi Pujol have joined Dolomite Capital Advisors, which has announced its launch as an independent European investment manager following the completion of its separation from the US firm Taconic Capital Advisors.

Dolomite Capital Advisors is a London based, private credit asset manager with a proven track record of delivering strong risk-adjusted returns across multiple market cycles. Dolomite is the continuation of Taconic Capital’s European platform and currently manages US$1.2bn of assets across draw-down vehicles. Dolomite primarily invest in two credit strategies, focusing on European jurisdictions with an emphasis on UK, Germany, Italy and Spain.

Opportunistic Lending: provide first and second lien loans to financially stressed borrowers with underlying sound business fundamentals by structuring tailored documentation with robust asset-backed creditor protections and active governance participation

Distressed Debt: acquire on/off-the-run, single-name situations where the non-performing debt is typically purchased directly from traditional lenders and control of the restructuring process focusing on unlocking value through a predetermined catalyst

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