People Moves

Credit specialist PVE adds Garcia for new advisory mandate


PVE Capital, the credit-focused asset manager that runs a long/short credit hedge fund in partnership with Matrix Asset Management, has hired Marc Garcia as a portfolio manager for a new UCITS III-compliant advisory mandate.

Garcia has 27 years experience in the markets as a credit trader, and was most recently running the corporate trading desk at ING Bank in Amsterdam. Prior to that he held positions at Citigroup, JP Morgan, BZW, Merrill Lynch, Goldman Sachs and Credit Suisse.

His responsibilities at PVE relate to two UCITS funds totalling €90m in assets under management for which PVE Capital won an