3i Boosting Debt Business Hires Cantor Fitzgerald’s Tessier

3i Group Plc is planning to more than double its debt-management unit and hired Melissa Tessier from Cantor Fitzgerald LP as Britain’s biggest publicly-traded private-equity firm moves away from investing in buyout deals.

Tessier will focus on investor relations in Europe and report to Andrew Bellis, a partner and managing director at 3i Debt Management, according to an e-mailed statement from the company. Tessier worked on European and U.S. structured credit products at Cantor Fitzgerald.