Stoneweg appoints head of Credit Solutions, plans €500m private credit deployment

Alternative investor Stoneweg Group has appointed Carlos Garcia-Peredo as head of Credit Solutions.

Carlos Garcia-Peredo

Carlos joins Stoneweg from ING, where he was most recently Head of Credit for Spain and Portugal, managing an €8bn+ portfolio spanning real estate, energy, infrastructure, agriculture, asset-based, leveraged, and corporate credit. He was also an executive member of the EMEA Credit Management team. He brings over 20 years of industry experience, having structured and arranged more than 100 transactions across the capital structure. Based in Madrid, Carlos will report to Rafael Cerezo, CEO of Stoneweg Alternatives.

His immediate focus will be on scaling Stoneweg’s private credit offering, targeting up to €500m of deployment over the next 12 months.

The strategy will have a mandate to originate and invest in loans and hybrid instruments across the capital structure, targeting €50m–€250m ticket sizes through both programmatic and one-off transactions. While not purely asset-focused, the strategy will prioritise deployment in companies and sectors with strong asset collateral, leveraging Stoneweg’s broader real assets experience.

The initial focus will be on Southern Europe, specifically Spain and Portugal—two of the Eurozone’s strongest-performing economies where Stoneweg has a significant market presence and deal-flow track record. In line with its wider investment approach, Stoneweg will partner with leading global investment managers, including family offices, UHNWIs, and institutions, typically through JV or co-investment structures.

Rafael Cerezo, CEO – Stoneweg Alternatives, commented: “Enhancing our private credit vertical to underwrite larger ticket sizes and address an under-banked mid-market is a natural next step as we continue scaling our global alternatives offering, providing innovative solutions and investment capabilities for our capital partners. Carlos is ideally suited to deliver on our ambitions, bringing with him a wealth of experience in building successful structured and principal credit franchises, and extensive relationships with leading private family and sponsor-owned businesses in the Iberian region.”

Carlos Garcia-Peredo, head of Credit Solutions, Stoneweg, added: “Longer-term structural challenges are restricting the supply of capital from the banking sector, which, coupled with ongoing market dislocation, presents a compelling opportunity for our highly disciplined, dynamic multi-sector credit strategy, rooted in local market expertise.”