17Capital promotes pair to managing director

17Capital announced that it has elevated both Nicolò Colombo and Greg Hardiman to the title of managing director.

Colombo is involved with investment sourcing and execution in Europe, along with a focus on fundraising activities in Italy. He has worked at the fund financing specialist since 2015 and has previous experience at firms including Adams Street Partners and Credit Suisse.

Hardiman is involved in investment sourcing, structuring and execution with US-based counterparties. He has been with the organization since 2019, with prior experience at Man Group and Conning.

The promotions mark the latest personnel news at the specialist, which has come as activity in the NAV lending space has taken off amid turbulence in the leveraged loan market and severe supply constraints in subscription credit lines.

Last month, the 17Capital named Alejandro Hernandez as its inaugural head of investor relations for Canada and Latin America. The firm also announced 13 promotions in February.