Published: April 25, 2021
The European Leveraged Finance Association’s new CEO having recently created a committee for private debt investors is turning her focus to ESG.
The European Leveraged Finance Association (Elfa) has picked Sabrina Fox as chief executive officer, as she looks to build on the work she has already done turning a budding industry body into a fully-fledged trade association with dozens of members.
In her new role, Fox will lead the development of Elfa through building relationships with strategic partners, engaging with regulator bodies, and working with Elfa’s members to work as a focus point for industry issues and advocacy in Europe.
Elfa was spun off of the Association for Financial Markets in Europe (Afme) two years ago after high yield investors became increasingly dissatisfied, believing it to be more focused on issuers’ concerns. The deterioration of documentation terms in buyout deals was a particular sticking point among high yield investors.