LONDON 15 September 2020 – SCIO Capital LLP (SCIO), a London-based direct lender providing secured loans to European borrowers in the underserved sub €25 million market segment, today announces that industry veteran Oliver E Wriedt has joined the company as a Strategic Advisor and his wholly-owned company has acquired a minority stake. Most recently Mr Wriedt served as CEO of New-York based DFG Investment Advisers.
‘We are thrilled to welcome Oliver,’ said Greg Branch, SCIO’s Co-Founding Partner and Chief Investment Officer. ‘Oliver has a long history of successfully growing asset management platforms across US and European credit markets. Since the time Oliver and I worked together at Deutsche Bank, we’ve had the opportunity to work on several bespoke opportunities. I am excited to formalise our relationship with Oliver and know that he will support our drive to expand the SCIO platform.’
Oliver Wriedt added, ‘I have known Greg since he took over European ABS Trading at Deutsche Bank in 2006. I’ve always found Greg to be a very talented trader. At SCIO, Greg has assembled a first-class team of former Deutsche Bank colleagues. Greg has built a robust asset management platform with exceptional performance. I look forward to working with Greg and his team on the next phase of their growth.’
Oliver Wriedt has 26 years of experience in lending, structuring, portfolio management and business development. Prior to serving as CEO of New-York based DFG Investment Advisers where he was responsible for overseeing business strategy and day-to-day management of the $6.9 billion firm, Mr Wriedt served as co-CEO of CIFC Asset Management, a $26 billion credit platform. During his tenure, CIFC grew to become one of the leading CLO issuers in the industry. Mr Wriedt also led the $333 million take-private of the company in 2016. Mr Wriedt held senior management roles at Providence Equity Partners, Sciens Capital Management, GoldenTree Asset Management, Deutsche Bank and NORD/LB. Mr Wriedt received a BA in History and Economics from Duke University.
About SCIO Capital LLP
Founded in 2009, SCIO is an independent direct lender focused on European secured private debt. SCIO provides qualified investors access to ESG-compliant secured private debt in a niche market segment via commingled funds and separate accounts.
For more information, please visit www.scio-capital.com.
SCIO Capital LLP