People Moves

Matrix-PVE recruits five for high-flying credit JV


PVE Capital, the start-up macro credit firm led by former Credaris head of trading Gennaro Pucci, has made five new hires following asset growth and good performance. Three of the new appointments are ex-Credaris.

London-based PVE launched in October and comprises a joint venture with the London-based Matrix financial services group, which provides operations and risk management services to the firm.

The Matrix PVE Global Credit Fund has grown to €130 million since inception and was up by 15.33% to the end of April this year. According to the firm, another stellar estimated double-digit return in May takes the