Members on the Move
New hires and relocation news from Vistra, NPL, Fidelity Investments and more.
Vistra’s Yadav Relocates to London
Vistra announced that Navita Yadav, global head of capital markets, has relocated to London. Yadav says she will focus on the expansion of the advisory and administrative support firm’s global capital markets businesses, particularly in Europe and the Americas. Over the last two decades, Yadav has driven revenue growth and profitability of capital markets and financial services businesses in Asia and Europe, according to a press statement. She has spent the past decade leading the development of Vistra’s integrated platform to facilitate debt capital markets, securitization and private debt business for Vistra.
E-Commerce Executive Kau Joins NEP as Operating Partner
Middle-market investment firm Norwest Equity Partners has hired Eric Kau as an operating partner. The e-commerce veteran was chief operating officer at BoxyCharm, a cosmetic subscription company, where he served as operational head of several functions, including e-commerce, merchandising, technology and supply chain. Prior to that, he worked at Chewy.com, where he helped position the company for an industry record-setting $3.35 billion sale to PetSmart. He has also worked at Amazon as a general manager of its vitamin, diet and sports nutrition business unit. He also held strategy and planning roles earlier in his career at Best Buy and Target. NEP has offices in Minneapolis and West Palm Beach, Fla.
Monroe Capital Adds Yoo to Marketing Team
Monroe Capital announced that Jayro Yoo has joined the boutique asset management firm as director. Yoo will serve on the firm’s Marketing & Investor Relations team and will be based in Texas. Prior to joining Monroe, Yoo was a vice president at DWS Asset Management, where he focused on raising capital for the firm’s alternative investment platform. He also served as a senior portfolio specialist at MainStay/New York Life, an alternative investment specialist at Wells Fargo Global Alternative Investment Services and as a senior vice president at Salient Partners.
Fidelity Investments Names Gaito as Head of Direct Lending
David Gaito has been named head of direct lending for Fidelity Investments and will be based out of Fidelity’s Chicago office. Gaito spent more than 20 years at PNC Financial Services Group in a number of senior roles, most recently as an executive vice president and division executive in PNC’s senior secured lending group, a leading provider of financing to middle-market companies and private equity firms.
Lembo Joins Paladin
Middle-market advisory firm Paladin has hired Gary Lembo as partner. Prior to joining Paladin, Lembo held leadership positions at BlackRock, Tennenbaum Capital Partners and CRG Partners.
Does your firm have a new hire, promotion or retirement to announce? Please contact MMG Managing Editor Phil Albinus at palbinus@acg.org.
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