LCM Asset Management, a loan manager and part of Tetragon Financial Group, hired Chris D’Auria to lead its global business development efforts. Having worked for more than a decade and a half in all aspects of the collateralized loan obligation (CLO) industry, including originating, structuring and marketing CLOs, D’Auria adds significant expertise to LCM’s CLO business.
D’Auria joins LCM from Deutsche Bank, where he was a managing director and co-head of the bank’s global CLO business. In his role at Deutsche Bank, D’Auria worked closely with LCM over the years to bring several CLOs to the market. He also has a strong background in advising CLO managers on M&A transactions as well as risk retention solutions. D’Auria began his career at Deutsche Bank, working as a structurer/modeler on the bank’s CLO team.
“In today’s world of constant market uncertainty, the lending space in my view continues to offer investors 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 and ensure that we continue to strive to deliver the highest-quality investments to our clients.”