L&G hires European Head of Real Estate Debt and establishes Private Credit Leadership Team as it builds for growth.

As a result of the reorganisation, Calum Macphail will take on responsibility for Private Credit Investment in Europe, with Ed Wood retaining the equivalent role in North America. The Leadership Team will also include the regional sector leaders, reporting to Calum and Ed, respectively, who will take responsibility for co-leading their businesses on a global basis.

As part of this, James Spencer-Jones is joining the business on 1 June as Head of Real Estate Debt, Europe. James brings over 25 years’ experience working in the real estate industry, most recently as International Partner and Head of EMEA Debt and Structured Finance at Cushman & Wakefield. Prior to this, James spent six years at GE Capital, as Managing Director and Head of Debt Origination and Asset Management, Europe. He has a proven track record of establishing and successfully building small but highly profitable debt origination teams across the UK, Ireland, Europe and Asia.

Will Devenney, Head of Infrastructure Debt, Matt Taylor, Head of Alternative Debt and Steve Bolton, Head of Corporate Debt also join the Leadership Team in Europe, reporting to Calum Macphail. In North America, Charles-Henry Lecointe, Head of Infrastructure Debt and Brian Schwartz, Head of Real Estate Debt will report to Ed Wood.