KKR, a global investment firm, appointed Giacomo Picco and Stephanie Yeh managing directors for the firm’s global private credit team based in New York. Picco will lead a new effort focused on receivables and inventory financing and Yeh will be responsible for co-leading sourcing of ABF investment opportunities in the U.S.
“We are delighted to welcome two new talented leaders to our team as we continue to grow our private credit platform,” Dan Pietrzak, a partner at KKR, said. “Giac’s deep background in receivables and inventory financing will help us to build new capabilities in secured lending to corporate borrowers and Stephanie’s expertise in early-stage financing across consumer finance, fintech and other ABF markets increases our connectivity and access to non-traditional opportunities in the ABF market.”
Picco was previously portfolio manager and head of alternative lending and capital solutions at Sound Point Capital, where he helped build the firm’s alternative lending business. Earlier in his career, Picco served as co-head of research at KS Management and held roles in leveraged buyouts at The Carlyle Group and in the mergers and acquisitions group at Lazard Freres.
Prior to her new role, Yeh was head of early-stage financing at Credit Suisse, where, as a managing director, she helped launch the group and expanded the bank’s coverage to early-stage clients across asset classes. She previously worked at Goldman Sachs in structured finance and asset-backed securities finance.
