Muzinich Expands in Australia With First Hire in Melbourne.

Muzinich & Co Inc. is expanding its private credit business in Australia by hiring Aris Allegos as a director in Melbourne. This move is aimed at capturing a portion of Australia's A$3.6 trillion pension pool. Allegos, who has experience in fintech lending and has worked at Credit Suisse Group AG and Nomura Holdings Inc., will focus on originating loans and fundraising for Muzinich's private credit funds. This expansion comes at a time when fundraising in the sector has declined due to slower M&A activity and increased competition from traditional banks. [Extracted from the article]