Sector developments and company hires

Prytania hires business development md for US and Canada

London-headquartered Prytania Asset Management has appointed former Schultze Asset Management executive Angela Lui as managing director to head up business development activity across the US and Canada. The appointment comes seven months after private equity group Nile Capital Group Holdings acquired a minority stake in Prytania (SCI 27 October) to support the expansion of its platform.

At the time of Nile’s investment, Prytania said the additional resources would enable it to “expand [its] reach to institutional and private wealth platforms”. Nile said it saw significant growth prospects for the firm, partly due to the diversification benefits offered by structured credit as a hedge against rising interest rates and inflation.

Lui left her position as md, head of business development and distribution, and investment committee member at Schultze in March, after two years with the hedge fund manager. She previously spent five and a half years at Autonomy Capital, leaving her role as a director in the firm’s investor group in 2020.

In other news…

EMEA

BNP Paribas has promoted Marcin Makowski as a director in its structured finance team, working out of its Warsaw office. Makowski joined the bank in 2020 after eight and a half years working on the structured finance team at Santander Bank Polska, previously known as Bank Zachodni WBK.

North America

The Structured Finance Association has appointed Federal Reserve Bank of Dallas’s Scott Frame as chief economist and head of MBS policy. Frame leaves his role as vice president at the Dallas Fed after nearly four years with the organisation. He previously spent 16 years across two spells at the Federal Reserve Bank of Atlanta.