Prudential Capital Group has appointed Michael Berry as a managing director and head of its London office.
Prudential Capital Group, a provider of private capital, is an asset management business of Prudential Financial.
Berry’s appointment is effective immediately. He reports to Marie Fioramonti, managing director and head of Pricoa Capital Group, the non-US business of Prudential Capital Group, which has provided private placements and mezzanine financing in the UK and Europe for more than 30 years.
“Michael is a welcome addition whose relationship-oriented approach is key as Prudential Capital Group continues to provide tailored financing for middle-market companies looking for alternative sources of capital to fund growth over the long term,” Fioramonti says. “Michael’s deep experience in leveraged finance will help Prudential Capital Group as it continues to expand its risk investment platform.”
Berry, who has more than 30 years of experience in finance, has a wide international background, having set up and led leveraged teams at three major banks. He was managing director and head of specialised finance at Nomura International. Prior to that, he was head of leveraged finance at WestLB and filled various roles at Deutsche Bank/Morgan Grenfell. In addition, he founded Versatus Advisers, which was bought by Oriel Securities, to provide financing advice.
