Rafael is Co-Head of Private Debt, Pan Europe at Muzinich & Co. Before joining Muzinich, Rafael was a partner at Hutton Collins Partners LLP, a €1.4 billion primary subordinated debt/preferred equity investment firm. Previously, Rafael held a number of positions in Middle Market investing, lending and credit. He spent two years at Mercapital, a middle market private equity firm and five years at Merrill Lynch in their Credit team and later in Leveraged Finance, originating and executing senior and subordinated debt investments. He started his career at Chemical Bank / Chase Manhattan Bank in Madrid. Rafael graduated from ICADE in Spain and Groupe ESC Reims in France with a B.A. Honors in European Business Administration.