Evolution Credit Partners Management, which manages $4bn (£3.06bn) in assets, has appointed Nancy Karpf as managing director, capital formation.
In her new role, Karpf will co-lead the US asset manager’s fundraising initiatives, joining managing director Mary Parrinelli on Evolution’s capital formation team.
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“We are thrilled to welcome Nancy to Evolution as we continue to build out our capital formation team,” said Michael Guarnieri, co-founder and managing partner of Evolution. “As private credit continues to fill gaps left by traditional lenders and investor demand for differentiated credit strategies grows, Nancy’s extensive experience and strong investor relationships, paired with Mary’s expertise and deep network, create a powerful team that will accelerate our fundraising efforts and support the continued growth of our credit platform.”
Before joining Evolution Credit Partners, Karpf served as managing director at Davidson Kempner Capital Management, where she spent more than 16 years. Earlier in her career, she held a business development role at Och-Ziff Capital Management and began at Goldman Sachs in the investment banking and asset management divisions.
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“Evolution’s differentiated investment approach, strong track record, and collaborative culture make the firm uniquely positioned to deliver value to investors,” Karpf said.
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