Pagaya added five finance industry veterans to its team. Jeff Andrews and Paul Limanni joined Pagaya as head of originations and head of structured products, respectively. Brandon McCue joined as senior managing director of client advisory, Rob Brady joined as senior managing director of institutional sales U.S. and Anna Roubos joined as VP of brand and communications.
“While we’ve been primarily focused on consumer credit thus far, we’ve proven the resiliency of our AI-led investment strategies, consistently delivering above-market-average returns for investors while remarkably improving the speed and accuracy of underwriting,” Gal Krubiner, co-founder and CEO of Pagaya, said. “These new hires will play an integral role as Pagaya moves beyond consumer credit and leads the adoption of data-driven decision-making in new asset classes, advancing asset management at large.”
Andrews was VP of strategic partnerships at LendingClub and oversaw the team that built a array of multifaceted relationships with asset managers, custodians and service providers.
Limanni previously led Shelter Growth Capital Partners’ investments in consumer credit asset-backed securities and other loan products, as well as sourcing and structuring. At Pagaya, Limanni will oversee all structured deals as the firm moves into new asset classes.
Previously, McCue was the U.S. director of business development at Moore Capital Management. He also served as executive director and co-head of client advisory at FrontPoint Partners and vice president and director of AllianceBernstein.
Most recently, Brady was a partner and director of institutional sales at Brigade Capital. At Pagaya, he will utilize his network to bring the firm’s data-driven investment strategies to institutional investors.
Roubos has worked with fintech startups like Credit Karma and Robinhood. As the founder of Table Public Relations (acquired by Just Drive Media), Roubos led Pagaya’s public relations initiatives as the company evolved from an early-stage startup to a global asset management firm.
“Our ability to draw top talent speaks to Pagaya’s unique approach to asset management,” Krubiner said. “These five leaders bring the right mix of specialized skills and experience to guide Pagaya as we continue to reshape asset management.”
Pagaya closed a $200 million consumer credit ABS in February. In May, the company expanded its U.S. West Coast presence and closed a second $200 million deal that established the firm as a 2020 top five issuer (up from its 2019 top 10 issuer position), according to Finsight. Pagaya secured a $102 million Series D financing round in June and has grown to $2 billion in assets under management.
