Stephan Ohlmeyer has joined Lone Star as managing director in the firm’s London office. He comes from credit manager Intrum Justitia, where he was director of purchased debt since last June.
German-born Ohlmeyer, who has previously worked on European loan investing at Och-Ziff, Värde and Goldman Sachs, will work with Angus Dodd, who manages UK investments.
Lone Star has been the greatest winner from IBRC’s loan disposals. It won all of Project Salt; 12 out of 14 Project Rock tranches; several Project Stone tranches; and 64% of Project Sand, the latter with Oaktree Capital Management.