Schroders Capital Expands PDCA Business with Key Senior Appointments

Schroders Capital Expands PDCA Business with Key Senior Appointments

(IN BRIEF) Schroders Capital’s Private Debt and Credit Alternatives (PDCA) division has announced the addition of two senior professionals to its team, signaling the firm’s commitment to meeting the growing client demand for income and income alternatives. Jason Kezelman joins as Head of US PDCA Sales, bringing extensive experience from TPG Angelo Gordon and PIMCO, while Loren Sageser takes on the role of Senior Product Strategist, leveraging his expertise from Nuveen and PIMCO. These appointments underscore Schroders Capital’s dedication to strengthening its PDCA business and catering to investor needs in the private debt market. With over $30 billion in assets under management, Schroders Capital’s PDCA business continues to demonstrate robust growth and client focus.

(PRESS RELEASE) LONDON, 15-Apr-2024 — /EuropaWire/ — 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 merger 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.

Jason Kezelman, CFA has joined the firm as Head of US PDCA Sales within Schroders Client Group. He will represent PDCA across US markets and is responsible for developing and expanding new business opportunities with existing clients and prospects. Jason will report to Tiffani Potesta, 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 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.

These two appointments continue Schroders Capital’s strong momentum, having recently announced the hires of Ingo Heinen as Global Head of Business Development and Product and Allen Chilten as Global Head of Real Estate Capital Formation.

Michelle Russell-Dowe, Co-Head of PDCA, Schroders Capital, 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.”

Stephan Ruoff, Co-Head of PDCA, Schroders Capital, said:

“There is a clear appetite from investors to access the robust returns and diversification benefits that we can offer within private debt. Both Jason and Loren bring a wealth of expertise to the team and will be key in driving the business forward and responding to client demand.”

Schroders Capital’s PDCA business manages over $30bn in assets[1] and comprises credit and income solutions across Real Asset Debt, Structured & Corporate Credit, Specialty Finance and Impact Lending.

Note to Editors

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.

Issued by Schroder Investment Management Limited. Registration No 1893220 England. Authorised and regulated by the Financial Conduct Authority.  For regular updates by e-mail please register online at www.schroders.com for our alerting service.

[1] As at 31 December 2023

Media Contacts:

Andy Pearce, Head of Media Relations
+44 20 7658 2203
Andy.Pearce@Schroders.com

Justine Crestois, PR Executive
+44 20 7658 5186
Justine.Crestois@Schroders.com

Rachael Dowers, PR Manager
+44 207 658 2086
rachael.dowers@schroders.com

SOURCE: Schroders plc