Permira hires ex-Carlyle exec to lead credit opportunities

Permira Credit has hired former Carlyle executive Ian Jackson to head its new strategic opportunities strategy.

The strategy will focus on opportunistic and special situations investing, providing complex bespoke structures for businesses with good fundamentals. Permira said it will integrate its underwriting, sourcing and operation capabilities from across its private equity and private credit platforms.

Jackson has spent more than 25 years working in private credit. He joined Carlyle in 2009 and was most recently managing director and head of Carlyle Strategic Partners. Prior to joining Carlyle, he was a senior research analyst in Deutsche Bank’s European distressed and special situations group.

He has experience investing across the capital structure and in various strategies including senior secured debt, equity, liquidations, refinancing, private equity and special situations.

Commenting on the new strategy, James Greenwood, chief executive of Permira Credit, said: “Expanding the Permira Credit platform into strategic adjacencies has long been part of our growth plan.

“We believe that PSO will become a core part of the Permira Credit product offering, all of which aim to support European businesses and deliver value for our investors.”