Schroders Capital expands PDCA business with two senior appointments

Asset manager Schroders Capital has added Jason Kezelman and Loren Sageser to its Private Debt and Credit Alternatives (PDCA) business, which was launched in October 2023 with Stephan Ruoff and Michelle Russell-Dowe as Co-Heads.

Schroders merged its private debt and alternative capital strategies onto a shared platform last year, resulting in a new Global Debt and Credit business as the firm looked to capitalise on growing interest from investors.

Kezelman joins the firm as Head of US PDCA Sales within Schroders Client Group, where he will represent PDCA across US markets and takes on responsibility for developing and expanding new business opportunities with existing clients and prospects. He will report to Tiffani Potesta, Head of US Client Group, based in California.

Kezelman has joined Schroders from TPG Angelo Gordon where he served as Managing Director and Strategy Specialist in the Client Partnership Group. Previously, he was a Managing Director at Artisan Partners and the business leader for the Credit team, and earlier in his career, spent nearly two decades as an Executive Vice President at PIMCO.

Sageser has been appointed as Senior Product Strategist within the PDCA team. In this new role, Sageser will work closely with the investment teams and business development to deliver client communication and education for the company’s private debt and credit alternatives strategies. He will report to Nick Pont, Head of Global Business Development, PDCA and will be based in California.

Sageser previously served as a Managing Director and product specialist at Nuveen. Between 2011 and 2020, he worked as a product strategist at PIMCO where he covered private credit markets for PIMCO’s alternative investment platform. Previously, he worked as a product manager at Barings Capital and a deal manager for structured debt solutions at Wells Fargo.

Russell-Dowe said, “We are truly excited to have Jason and Loren join our team. The US market and US client base are critically important to our PDCA business plan. The appointment of Jason and Loren, two seasoned veterans with brilliant experience focused on credit and alternatives, is an important cornerstone to our development plans.”

“There is a clear appetite from investors to access the robust returns and diversification benefits that we can offer within private debt. Both Jason and Loren bring a wealth of expertise to the team and will be key in driving the business forward and responding to client demand,” added Ruoff.

These two additions come shortly after the appointment of Ingo Heinen as its new Global Head of Business Development and Product.