Permira Debt Managers (PDM) has appointed Andrew Lawson to lead the team’s capital markets division.
Lawson joins from Citi, where he worked as a director for more than decade. He has also had spells at Lyceum Capital and Bank of Scotland. He will start the role in June.
His role will focus on improving the firm’s origination structures.
The PDM operation is headed up by James Greenwood and Thomas Kyriakoudis, who serve as chief executive and chief investment officer respectively.
PDM is in the process of fundraising for its third vehicle and held a first close on €900 million in December.
Investors in the fund include the Environment Agency Pension Fund, a UK pension scheme with €3 billion in assets and North Yorkshire Pension Fund, which invested in the fund with the aim of achieving a 9 percent gross IRR.
Earlier this month, PDM backed the refinancing of auto-information provider Autovista Group following its rebranding. In January, the firm provided support to UK holiday parks company Away Resorts’ acquisition of Sandy Balls Resort.