Nomura Private Capital has appointed Steve Kavulich, a portfolio manager and investment committee member at BlackRock, as the firm’s new Head of Opportunistic Private Credit, based in its New York office.
Nomura Private Capital (NPC) has appointed Steve Kavulich, a portfolio manager and investment committee member at BlackRock, as the firm’s new Head of Opportunistic Private Credit, based in its New York office.
In his new role, Kavulich will help lead the continued build-out of NPC’s investment management business in the Americas, overseeing all aspects of the investment process to identify and deploy capital across the private credit markets.
Kavulich has nearly two decades of experience ranging from performing to distressed assets in private and public markets to direct, secondary and co-investment opportunities.
NPC launched a closed-end interval fund earlier this year to provide accredited investors with a diversified exposure to private credit. NPC will continue to build a multi-asset private credit platform by partnering with key external providers and NPC’s parent, Nomura, to deploy capital opportunistically.
