NEW YORK--(BUSINESS WIRE)--Eldridge Industries and Panagram Structured Asset Management (“Panagram”), an Eldridge Industries business and an SEC-registered investment adviser specializing in structured credit, today announced plans to appoint Tony Minella, Co-Founder and President of Eldridge Industries, as Interim Chief Executive Officer of Panagram.
Mr. Minella will retain his position at Eldridge Industries as he steps into this role at Panagram. John Kim, former Chief Executive Officer of Panagram, departed the firm on Monday.
Prior to co-founding Eldridge Industries in 2015, Mr. Minella was Chief Investment Officer at Security Benefit, an Eldridge Industries business and premier retirement company with a 132-year history. Before joining Security Benefit, Mr. Minella was Co-Head of the Corporate Credit Group at Guggenheim Investments, where he co-chaired its Investment Committee.
Mr. Minella’s full bio can be found here.
About Eldridge Industries
Eldridge Industries invests in businesses across the Insurance, Asset Management, Technology, Mobility, Sports & Gaming, Media, Real Estate, and Consumer landscapes. The firm seeks to build and grow businesses led by proven management teams that have demonstrated leadership and experience to scale an enterprise. Eldridge Industries is headquartered in Greenwich, Connecticut, with additional offices in Beverly Hills, New York, and London. To learn more about Eldridge Industries, please visit eldridge.com
About Panagram
Panagram, an Eldridge Industries business, is a $15.1+ billion structured credit asset manager specializing in CLO, ABS, and CRE markets. Panagram's investment team has been managing structured credit assets for Eldridge Industries and its affiliates since 2014. Panagram officially launched in 2021 and has grown to become one of the largest investors in CLO debt and CLO majority equity. For more information, please visit p-gram.com