Prytania Asset Management has appointed Eric Felton as independent director of the firm, effective 1 April 2019.

Felton has a wealth of investment experience, most latterly from 13 years as CFO of GCM Grosvenor, one of the world’s largest alternative asset firms. Prior to GCM Grosvenor, Eric was an audit partner at Ernst & Young and Arthur Andersen in the financial services sector.


 
"We are delighted to have Eric join our Board and look forward to the insights he can bring to the development of our business globally and, in particular, to build on the momentum established in the United States." said CEO and CIO Mark Hale.


 
"I am excited to join the Board of Prytania Asset Management, one of the longest tenured and very few independent specialised credit managers focusing on the emerging opportunity set in Structured Credit.  I hope to leverage my knowledge and experience to help the firm continue to expand its business and operations across the globe,” says Felton.


 
Prytania has also announced that Joseph MacHale will be retiring from its Board.