Permira Debt Managers (“PDM”), one of Europe’s leading specialist debt investors, has hired Pierre Driant from OZ Management (formerly known as Och-Ziff Capital Management Group) to join the new CLO strategy which was launched this year.
Pierre Driant, who has significant experience as an analyst responsible for CLO structuring at OZ, US Bank and BNY Mellon, will be responsible for structuring the new Providus CLO platform.
He will join a dedicated CLO team that has been put in place to grow the strategy. It includes PDM veterans Thomas Kyriakoudis (CIO) and Ariadna Stefanescu (Portfolio Manager), both of whom were joined last year by Andrew Lawson (Head of Capital Markets) and credit analysts Charlotte Claraco, Ryan Mcgahon and Natalie Taiwo.
Thomas Kyriakoudis, PDM CIO, said “As we continue to grow the business across our three key strategies, our ability to attract a high calibre of talent is incredibly important.”
“Pierre is a part of that and it is great to welcome him to the PDM team. We look forward to his contribution to the business and this exciting new strategy.”