Bayview Expands its Asset Based Finance Capabilities with Launch of New Fund Finance Investment Business

Leading Market Experts, Michael Timms and Colin Doherty, to Serve as Co-Heads of Fund Finance

Addition of Fund Finance Expands Bayview’s Platform to Offer Liquidity Solutions to Alternative Investment Funds, General Partners, and Limited Partners

NEW YORK--(BUSINESS WIRE)--Bayview Asset Management (“Bayview”), a leading investment management firm with a 30-year history investing across asset-based credit markets, today announced the launch of the firm’s Fund Finance investment business. Industry veterans Michael Timms and Colin Doherty have joined Bayview to serve as co-heads of the newly created strategy. Together, Timms and Doherty will focus on building out Bayview's Fund Finance investment capabilities and expanding Bayview’s market leading Asset Based Finance (ABF) offerings, an exciting and rapidly expanding market within private credit.

“Michael and Colin represent the best and brightest in the Fund Finance industry, bringing a wealth of experience and a proven track record that will be instrumental in our continued growth and success,” said Nancy Mueller Handal, Chief Investment Officer of Bayview’s Insurance Asset Management division. "Their expertise and leadership will be crucial as we build out our platform to meet the evolving needs of our clients."

"I am thrilled to join Bayview and work alongside Colin to lead the Fund Finance team," said Michael Timms, Managing Director, Co-Head of Fund Finance. "I look forward to leveraging my experience in structuring and executing complex liquidity solutions for owners of alternative assets to help further expand Bayview’s industry-leading position in structured credit."

"I am excited about the opportunity to collaborate with Michael and enhance our ABF platform by building on Bayview’s strong foundation in Fund Finance," said Colin Doherty, Managing Director, Co-Head of Fund Finance. "Bayview’s dynamic platform provides the ideal opportunity to utilize my experience, and I look forward to leveraging our strengths to deliver exceptional value to our investors."

Timms joins Bayview following an extensive career in U.S. alternative investments, most recently serving as a Managing Director at 17Capital, where he helped lead the firm’s U.S. investment business. In this role, he led the origination and execution of an array of preferred equity and NAV loan investments with U.S. based alternative asset managers and funds. Prior to his tenure at 17Capital, Timms held key roles at Wells Fargo Securities, helping build a market-leading Fund Finance lending business over an 8-year period.

Doherty joins Bayview after a decade at J.P. Morgan, where he was a key member of the Structured Equity Financing group within the firm’s CIB Markets trading division. Throughout his tenure, he played a central role in the expansion of the group’s Fund Financing capabilities and held several leadership positions, most recently as the U.S. Head of Private Equity Secondaries and previously as the Global Head of Risk Recycling. Before joining J.P. Morgan, Colin worked in a similar capacity at UBS.

About Bayview Asset Management
Bayview is a global alternative investment firm that provides flexible capital solutions for its partners while producing attractive risk-adjusted returns for its clients. Bayview’s investment platform benefits from connectivity to Bayview’s affiliated origination and servicing businesses, which provide market insights, data and analytics, and differentiated sourcing capabilities. This allows Bayview to invest through market cycles across the credit landscape, with a focus on residential, consumer, and commercial credit, including whole loans, credit risk transfer transactions, structured products, and mortgage servicing rights. Bayview had approximately $20 billion in assets under management as of December 31, 2024, with operations across North America and Europe.