Downing poaches M&G fixed income director for capital solutions fund

Joins Paul Taylor and Nick Burley

Richard Booth has joined Downing as a fund manager in its newly established capital solutions team.

In his new role, Booth will serve as fund manager, working alongside head of Downing capital solutions Paul Taylor and industry veteran Nick Burley. The team will be responsible for a series of new "investment activities and funds". Downing chair ponders forthcoming UK austerity Booth joins from M&G, where he served most recently as fixed income director, leaving the firm after a decade. Prior to this, Booth spent a decade at KPMG. Taylor described Booth's appointment as "another important step forward" in establishing its capital solutions offering. He added: "His expertise ...