PGIM has announced Sunita Kara and Andre Klotz will join the firm as portfolio managers, reporting to Jonathan Butler, head of European leveraged finance.
Kara (pictured left) was most recently co-head of global high yield at Aviva Investors, helping lead a global high yield credit book across multiple funds. She has some 25 years of industry experience. Before Aviva, she was a senior ctredit analyst at Standard & Poor’s Global Ratings and an analyst at HM Treasury.
Klotz (pictured right) was previously co-head of EMEA high-yield trading and
strategy at Jefferies. He has held senior roles at SC Lowy, ALVA Capital, and Partners Group, and brings some 19 years of industry experience.
At PGIM they will be responsible for working with the investment team to manage European and global leveraged finance mandates, overseeing high-yield and bank loan portfolios.
Butler commented: “Sunita and Andre are both highly experienced and respected investors in our industry and we are delighted to welcome them to PGIM. Their wealth of experience adds further strength to our investment team and strategies. Their appointments reflect our commitment to delivering exceptional outcomes and results for our clients, and will support the continued growth of our business.”
PGIM, the global asset management business of Prudential Financial, Inc. manages some $1.5trn in assets.
