Littlejohn & Co. LLC (“Littlejohn”), a private investment firm based in Greenwich, CT, today announced that Federico Persico, a credit industry specialist with more than 15 years of investing, business development, and investor relations experience, has joined the firm as Head of Capital Formation. In this new role, Mr. Persico will oversee fundraising and business development for the firm’s opportunistic credit and special situations strategies.
“Federico is a dynamic business development executive with a deep network of global investment management relationships and a proven track record of raising capital across strategies and market cycles. We are thrilled to welcome him to the Littlejohn team as we continue to expand our credit platform,” said Michael Klein, Chief Executive Officer of Littlejohn. “To that end, we believe our credit business is well positioned to continue to capture idiosyncratic and attractive risk-adjusted investment opportunities in the current market environment and enhance our differentiated investment approach.”
Mr. Persico added, “I am excited to be joining Littlejohn at this exciting time for the firm as the credit markets continue to experience significant dislocation and corporate demand for tailored, flexible capital solutions remains strong. I look forward to working closely alongside the team to continue to build the business.”
Most recently, Mr. Persico served as Chief Operating Officer and Head of Business Development and Investor Relations for Briarwood Chase Management, LLC, where he was responsible for leading the operations team and overseeing the firm’s business development efforts. Previously, he served as Managing Director and Head of Business Development and Investor Relations at Tilden Park Capital Management LP, where the firm’s AUM grew from $1 billion to approximately $5 billion during his tenure. Earlier in his career he worked as an investment analyst and member of the portfolio management team at GCM Grosvenor and began his career at Merrill Lynch & Co., Inc. Mr. Persico earned a Bachelor of Arts in Economics and Philosophy from Emory University.
About Littlejohn & Co., LLC:
Littlejohn & Co. is a Greenwich, Connecticut-based investment firm focused on private equity and debt investments primarily in middle market companies. With approximately $8 billion in regulatory assets under management, the firm seeks to build sustainable success for its portfolio companies through a disciplined approach to engineering change. For more information about Littlejohn, visit www.littlejohnllc.com.
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