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Ex-Banker Builds Private Debt Bet For $7 Billion Firm’s Spinoff

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Harinder Hundle spent about a decade advising the world’s rich at global banks including JPMorgan Chase & Co., but now he’s striking out on his own as a money manager.

Hundle recently launched his namesake wealth-management business in London after spinning off from Boston-based multifamily office TwinFocus Capital through a management buyout.

The 47-year-old, who goes by “Hari,” has roughly doubled the size of his team to 14 since completing the buyout for an undisclosed amount in late 2022. Now, despite some fears of the market overheating, he’s targeting big gains from bets in private credit, an area where he previously allocated capital leading TwinFocus’s European office.

Read the full story on Bloomberg here.