Raven Capital Management promoted Dimitri Cohen to chief investment officer of Raven Credit, a private credit investor that focuses on asset-based, non-sponsor-backed direct loans.
Cohen, a principal at Raven since 2019, has helped to scale Raven’s private credit platform, having invested more than $2.5 billion. Raven, founded in 2008, is a diversified alternative investment management firm specializing in private credit.
“Dimitri has been a part of Raven since the launch of our credit business and his leadership and oversight as head of credit has driven significant growth in this strategy,” Josh Green, founder and CEO of Raven, said. “With a proven track record and nearly two decades of experience in sourcing, analyzing and managing investments across various industries and asset classes, he brings deep expertise and keen insights to this key management role.”
Raven’s credit team specializes in structuring senior secured loans in the $25 million to $250 million range.
“The current private credit landscape offers unparalleled opportunities, especially for non-sponsored direct lending deals,” Cohen said. “I’m excited to take on this expanded role at this time because we expect to see strong, sustained demand for private capital solutions given structural shifts in the market created by the permanent exit of many traditional lenders. Raven is well-positioned to effectively serve borrowers with the bespoke capital solutions they need to grow and enhance enterprise value while generating attractive risk-adjusted returns for institutional investors.”
