LCM Asset Management Names D'Auria as Global Business Development Chief

Aug 1 2016 | 7:11pm ET

Tetragon’s LCM Asset Management unit has appointed CLO specialist Chris D’Auria to lead its global business development efforts.

D’Auria has worked for more than a decade and a half in all aspects of the collateralized loan obligation industry, including originating, structuring and marketing the instruments, according to the company. 

LCM is Tetragon’s in-house CLO manager. Founded in 2001 and part of the firm’s asset management division, it manages $6 billion in primarily U.S. senior secured leveraged loans. 

He joins the firm from Deutsche Bank, where he was a managing director and co-head of the bank’s global CLO business.  At Deutsche, D’Auria worked closely with LCM over the years to bring several CLOs to the market, and he also has a strong background in advising CLO managers on M&A transactions and risk retention solutions.  

“In today’s world of constant market uncertainty, the lending space continues to offer attractive opportunities that provide stable cash flows and shelter from economic volatility,” said Farboud Tavangar, senior portfolio manager at LCM.  “We look forward to leveraging Chris’ deep background and experience to help us further expand our global footprint.”

Based in Guernsey, Tetragon Financial Group is a closed-ended investment company that aims to provide stable returns to investors across various credit, equity, interest rate, inflation and real estate cycles. The company’s asset management unit has approximately $18 billion in AUM across bank loans, real estate, equities, credit, convertible bonds and infrastructure investments. 

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