Littlejohn & Co. LLC, a private investment firm based in Greenwich, Conn., has added Federico Persico, a credit industry professional with over 15 years of investing, business development and investor relations experience, as head of capital formation.

In his new role, Persico will oversee fundraising and business development for the firm’s opportunistic credit and special situations strategies. Most recently, Persico served as chief operating officer and head of business development and investor relations for Briarwood Chase Management LLC, where he was responsible for leading the operations team and overseeing the firm’s business development efforts. Previously, he served as managing director and head of business development and investor relations at Tilden Park Capital Management LLP. Earlier in his career, he worked as an investment analyst and member of the portfolio management team at GCM Grosvenor and began his career at Merrill Lynch & Co.

“I am excited to be joining Littlejohn at this exciting time for the firm as the credit markets continue to experience significant dislocation and corporate demand for tailored, flexible capital solutions remains strong,” states Persico.