Phil Yeates joined ICM in January 2018 as Head of European Credit Funds, overseeing the structuring and fundraising for closed ended credit funds and separately managed accounts in Europe. Phil is a member of the Investment Committee in Europe.

Previously, Phil spent 24 years at Rothschild & Co where he focused exclusively on leverage credit, starting as a Director in Regional Leveraged Finance in 1994, before heading up the UK Leveraged Finance team four years later. In 2008, Phil was appointed Co-Head of Rothschild Banking Division and subsequently oversaw the transition of this business from a balance sheet activity into a third party credit manager, raising a succession of CLOs and a range of credit funds. Phil was instrumental in establishing and developing the Global Credit Management business at Rothschild.

Phil started his career in Corporate Debt at Hill Samuel Merchant Bank Limited and NatWest Markets.