GCP Asset Backed Income Fund appoints Philip Braun to its Board as Non-Executive Director

– UK, London –  GCP Asset Backed Income Fund Limited (LON: GABI), which invests in asset-backed loans, today announced the appointment of Philip Braun to its Board as non-executive director effective from 20 May 2024.

The Company announced that Joanna Dentskevich and Colin Huelin are stepping down from the Board.

About Philip Braun

Philip Braun, a Jersey resident, has nearly 30 years of experience gained in audit, primarily with a focus on financial services, alternative investment funds, and the regulated offshore industry. After qualifying as an accountant in London, he spent nearly 10 years with PwC in both Jersey and Sydney.  He spent the last 16 years as the lead audit partner with BDO in Jersey, before his recent move to provide independent directorship services. In addition to being the head of audit locally, he also led the provision of business advisory services, including corporate due diligence, restructuring, and liquidations.

Philip Braun has a BSc (Hons) in Mathematics and Computer Science and is a Fellow of the Institute of Chartered Accountants of England & Wales. Mr Braun also serves on the board of directors of CVC Income & Growth Limited, a company listed on the London Stock Exchange where he chairs the audit committee and is a member of the board of the International Stock Exchange Authority Limited, the Guernsey-based regulator of the international stock exchange, and sits on both its risk and audit committees.

About GCP Asset Backed

GCP Asset Backed is a closed-ended investment company traded on the Main Market of the London Stock Exchange. Its investment objective is to generate attractive risk-adjusted returns primarily through regular, growing distributions and modest capital appreciation over the long term.

The Company seeks to meet its investment objective by making investments in a diversified portfolio of predominantly UK-based asset-back loans that have contracted, predictable medium to long-term cash flows and/or physical assets.

For more information: https://www.graviscapital.com/funds/gcp-asset-backed/fund-info

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