Schroders Capital bolsters private debt & credit alternatives business with two senior hires
Schroders Capital, the specialist private markets division of the Schroders Group, today announces the expansion of its Private Debt and Credit Alternatives (PDCA) business with two senior appointments. Following the merge of the firm’s private debt and alternative credit strategies onto a shared platform last year, these hires reflect the strong client demand for income and income alternatives, and with Schroders Capital more broadly, these two appointments continue the firm’s strong momentum – specifically with the recent hires of Ingo Heinen as Global Head of Business Development and Product and Allen Chilten as Global Head of Real Estate Capital Formation.
Jason Kezelman, CFA has joined the firm as Head of US PDCA Sales within Schroders Client Group. He will represent PDCA across the US markets and is responsible for developing and expanding new business opportunities with existing clients and prospects. Jason will report to Tiffani Potesta, Chief Strategy Officer and Head of US Client Group and will be based in California.
Loren Sageser has joined the PDCA team as Senior Product Strategist. In this role Loren will work closely with the investment teams and business development to deliver client communication and education for our private debt and credit alternatives strategies. Loren will report to Nick Pont, Head of Global Business Development, PDCA and will be based in California.
Jason joins from TPG Angelo Gordon where he was Managing Director and Strategy Specialist in the Client Partnership Group. Prior to this role, Jason was a Managing Director at Artisan Partners and the business leader for the Credit team. He previously spent almost two decades of his career as an Executive Vice President at PIMCO. Early in his career, Jason worked for Merrill Lynch in Municipal Bond sales and trading and has also had roles at MetLife and Commonfund.
Loren was previously a Managing Director and product specialist at Nuveen, where he led a team focused on alternative credit. From 2011 to 2020, he worked as a product strategist at PIMCO, covering private credit markets for PIMCO’s alternative investment platform. Prior to this, he worked as a product manager at Barings Capital and a deal manager for structured debt solutions at Wells Fargo. Loren began his career as a fixed income credit analyst at Franklin Templeton Group.
Michelle Russell-Dowe, Co-Head of PDCA, said:
“We are truly excited to have Jason and Loren join our team. The US market and US client base are critically important to our PDCA business plan. The appointment of Jason and Loren, two seasoned veterans with brilliant experience focused on credit and alternatives, is an important cornerstone to our development plans.”
Tiffani Potesta, Chief Strategy Officer and Head of US Client Group, said:
“US investors have indicated a clear appetite for private debt investment vehicles, particularly because of the robust returns and diversification benefits the solutions historically offer. Jason and Loren bring a deep understanding of the regional investment demand and will be key in driving the business forward and responding to client demand.”
Schroders Capital’s PDCA business manages over $30bn in assets1 and comprises credit and income solutions across Real Asset Debt, Structured & Corporate Credit, Specialty Finance, Insurance-Linked Securities and Impact Lending.
Contacts
Jennifer Manser O’Rourke, Schroders
Jennifer.Manser@schroders.com
212.632.2947
Bridget Coffey, Prosek Partners
bcoffey@prosek.com
508.686.6461
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Schroders Capital
Schroders Capital provides investors with access to a broad range of private market investment opportunities, portfolio building blocks and customised private market strategies. Its team focuses on delivering best-in-class, risk-adjusted returns and executing investments through a combination of direct investment capabilities and broader solutions in all private market asset classes, through comingled funds and customised private market mandates.
The team aims to achieve sustainable returns through a rigorous approach and in alignment with a culture characterised by performance, collaboration and integrity.
With $93.7 billion (£73.5 billion; €84.8 billion)* assets under management, Schroders Capital offers a diversified range of investment strategies, including real estate, private equity, secondaries, venture capital, infrastructure, securitised products and asset-based finance, private debt, insurance-linked securities and BlueOrchard (Impact Specialists).
*Assets under management as at 31 December 2023 (including non-fee earning dry powder and in-house cross holdings)
Schroders plc
Schroders is a global investment management firm with £750.6 billion (€866.2 billion; $956.9 billion) assets under management, as at 31 December 2023. Schroders continues to deliver strong financial results in ever challenging market conditions, with a market capitalisation of circa £7 billion and over 6,100 employees across 38 locations. Established in 1804, the founding family remains a core shareholder, holding approximately 44% of Schroders’ shares.
Schroders has benefited from a diverse business model by geography, asset class and client type. It offers innovative products and solutions across four core growing business areas; asset management, solutions, Schroders Capital (private markets) and wealth management. Clients include insurance companies, pension schemes, sovereign wealth funds, high net worth individuals and foundations. Schroders also manages assets for end clients as part of its relationships with distributors, financial advisers and online platforms.
Schroders aims to provide excellent investment performance to clients through active management. It also channels capital into sustainable and durable businesses to accelerate positive change in the world. Schroders’ business philosophy is based on the belief that if we deliver for clients, we will deliver for our shareholders and other stakeholders.
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1As at 31 December 2023
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