Asset management and private equity firm Aureum Capital has appointed Asier Parra as managing director.
Prior to joining Aureum, Parra was managing director of Europe Middle East and Africa equity structuring at Merrill Lynch’s Global Markets & Investment Banking Division. Before Merrill, Parra was at Barclays Capital, where he was in charge of the Structuring Capital Markets operations in Spain and Portugal.
Aureum’s new distressed fund expects to close by the end of the first quarter of this year on its target of $500 million.
D.C.