New Partner at PPM

PPM America Capital Partners (PPMACP), the private equity arm of PPM America, has promoted Tiffany Luna to partner.

In her expanded role, Ms. Luna will continue sourcing, evaluating, and executing private equity investments, while also managing sponsor relationships and supporting the firm’s portfolio companies.

“Tiffany has demonstrated exceptional investment judgment, deep partner relationships, and a strong commitment to our clients,” said Champ Raju, managing partner and head of private equity at PPMACP. “This promotion recognizes her impact on our private equity business and her leadership within the firm.”

Ms. Luna has 15 years of private equity experience and joins Mr. Raju and partners Craig Radis, Mark Staub and Ray Zhang in senior leadership roles within the private equity business. She joined the firm in 2011 and has an MBA from Northwestern University and a BA from Wellesley College.

PPM America Capital Partners specializes in primary investments, co-investments, and GP-led secondaries, with a focus on North American buyout and growth equity investments. PPM’s private equity capabilities were established in 1991 and today operates with a nine-person private equity investment team. As of December 2025, PPMACP had $6.4 billion in assets under management, including $4.1 billion in primary third-party fund investments and $2.1 billion of equity co-investments.