Littlejohn Hires Briarwood’s Persico for Credit Fundraising

Littlejohn & Co. has hired Federico Persico as its head of capital formation, according to a statement seen by Bloomberg News.

Persico, who most recently led the operations team and business development for Briarwood Chase Management, joined Littlejohn in Greenwich, Connecticut this week.

At Littlejohn, Persico will oversee fundraising and business development for the firm’s opportunistic credit and special situations groups, according to the statement. He will be working closely with Littlejohn Chief Executive Officer Michael Klein, along with Robert Davis and Richard Maybaum, co-heads of the firm’s debt strategies.

Littlejohn is focused on private equity and ...