Octaura, an electronic trading platform for syndicated loans and collateralized loan obligations (CLOs) has appointed Cristina Kim as chief financial officer, to oversee the company’s financial strategy following a major fund raise earlier this year.
“Cristina’s deep market and investment expertise will be instrumental as we expand Octaura’s platform and partnerships, and continue to modernize loan and structured credit trading,” according to a statement from Octaura CEO Brian Bejile.
Previously, Kim was a managing director in J.P. Morgan Chase & Co.’s strategic investments group, where she managed a diverse portfolio of fintech investments. She also helped launch consortium companies and created governance standards across the firm for its strategic investments, according to Octaura.
“Octaura’s mission to increase liquidity, transparency and efficiency in opaque markets resonate deeply with me,” Kim said. She added, “I look forward to helping drive the company’s next phase of growth and innovation.”
New York City-based Octaura launched its syndicated loan trading platform in September offering clients three protocols for trading CLOs. Octaura also completed a $46.5 million funding round in June, supported by Bank of America, Citi, Goldman Sachs and J.P. Morgan were among the banks that supported the founding investors.