Z Capital Group has expanded its team by hiring new managing director and global head of corporate development Peter Coroneos.
Based in New York, he will lead the firm’s corporate and investor relations efforts.
Prior to Z Capital Coroneos was the managing director of Jefferies LLC’s private capital group, where he had a senior role raising capital for private equity and credit funds.
During his time there he was involved with raising billions of dollars for clients and establishing relationships with institutional investors, Z Capital said.
Coroneos has also had capital raising roles working as Avenue Capital Group, Mandel Fund Management and Cullen Investments.
Z Capital Group president, founder and CEO James Zenni said, “We are confident that his proven leadership and capital raising experience will be a great addition to our firm as we continue to expand our investor relations and corporate development capabilities.
“With his deep relationships in the industry, we look forward to broadening our global footprint of investors.”
Late last year the firm made several other hires, with David DeMilt being named a new managing partner.
The firm’s credit arm closed its debut collateralised loan obligation fund which collected a little over $400m.
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