Hayfin today announces that Gina Germano is transitioning to the new role of Global Chair of Hayfin’s High Yield and Syndicated Loans business, effective 1 January 2026, after more than a decade spent serving as Portfolio Manager and head of the firm’s European High Yield & Syndicated Loans investment team. Jason Late, who joined Hayfin earlier this year as Co-Portfolio Manager and Head of Research, will become the new Head of European High Yield and Syndicated Loans, as part of the firm’s long-term succession planning.

After joining Hayfin in 2015, Gina played a key role in building the firm’s European High Yield & Syndicated Loans business into a platform that today manages c.€8 billion in assets. She has built and grown a highly successful business, establishing a disciplined, well-respected investment platform. Beyond investment performance, Gina has made a lasting cultural impact through her founding of Hayfin’s Global Women’s Initiative, which has promoted the advancement and retention of women across the industry.

While Gina will be stepping back from day-to-day portfolio management responsibilities, Hayfin’s investment team will continue to benefit from her insights on market risk, asset class attribution and portfolio framework. Jason is well placed to build on these strong foundations and maintain Hayfin’s established investment process and approach to portfolio management.

Mark Tognolini, Co-CEO of Hayfin, said: “We are deeply grateful for the contributions that Gina has made to Hayfin. Under Gina’s leadership we have built a successful, highly regarded European CLO franchise, and partnered with blue chip institutions across a range of high yield and leveraged loan solutions. Equally important, Gina has helped us build a robust research and risk framework centred on the metrics that drive returns and minimise downside. The processes, discipline and rigor she has put in place will continue to benefit Hayfin for many years to come.”

Gina Germano said: “While it was a difficult decision to step away from day-to-day portfolio management, now was the right time to begin the carefully orchestrated transition that we’d prepared, to ensure that we continue delivering for clients throughout this succession process. Building out Hayfin’s European High Yield & Syndicated Loans platform has been an extraordinary journey. I’m pleased to hand over to Jason with our team, portfolio, asset base and investment process in fantastic shape.”