Nomura Capital Management named Ashu Pal head of portfolio management, effective earlier this month.
According to the multi-credit manager, Pal will focus on private credit, structured debt and asset-based lending strategies, as well as launching investment products using credit research strategies.
Prior to joining Nomura, Pal was a senior portfolio manager at the Maryland State Retirement and Pension System, where he managed private credit, structured debt and asset-based lending. Before that, he was a markets specialist at Citigroup, focused on risk management and risk analytics.
“Ashu’s extensive experience and proven track record in managing complex investment portfolios make him the perfect addition to our team as we continue to expand our footprint and enhance our offerings in the private credit market,” Nomura Capital CIO Matthew Pallai…
