Mike joined LawDeb in 2016 following almost 30 years working in financial services, including eight years in private equity with Henderson and ten years in investment banking with UBS. He has worked with pension trustee boards since 2007.
Mike represents LawDeb on various pension schemes up to £11 billion in size. He acts as chair on four appointments (of which two have FTSE250 sponsors), and as sole corporate trustee on two. He also chairs an investment committee and two audit committees. Mike has worked with a broad range of scheme sponsors including asset managers, law firms, manufacturing and retail businesses and regulated utilities.
Mike is an investment specialist with significant experience in inflation and interest rate hedging, de-risking strategies and alternative investments. His background in accounting, investment banking and private equity supports his understanding of the sponsor perspective and ability to reach swift resolution of recovery plan negotiations and situations involving corporate transactions.
Mike was instrumental in the successful completion of an innovative buy-in transaction for Heathrow’s pension scheme, which took advantage of the sponsor’s track record as a frequent issuer of long-dated index-linked debt. This ground-breaking transaction provided the insurer with a matching asset profiled to match the inflation risk of the insured liabilities, resulting in very attractive terms that met the pricing targets of both the sponsor and the Trustee.
Mike is a chartered accountant and Cambridge alumnus with an MA in Engineering and is driven by a desire to improve the efficiency of the schemes he works with to the benefit of both members and sponsors. Mike is a keen sailor and regular competitor in marathon and triathlon events.
What our clients say:
“Mike provides valuable insight and support as our Independent Trustee. He has helped us extensively in the successful execution of a number of transactions and projects, including an innovative matching asset buy-in, investment strategy reviews and valuation negotiations”.
-Phil Wilbraham, Expansion Programme Director at Heathrow