Pagaya Technologies Ltd. announced the appointment of Nicole Torraco to its Board of Directors earlier this month. Torraco was most recently the President of FITTLE, the financing arm of Xerox Corporation. She grew FITTLE into a global specialty finance business, while also serving on Xerox?s Executive Committee and Enterprise Risk Management Committee, and was a Director on the Board of Xerox Financial Services LLC.

Prior to leading FITTLE, Torraco served as Xerox?s Chief Strategy and M&A Officer. Before joining Xerox in 2018, she was a Principal at Onex Credit, a global debt securities investor, from 2010 to 2018. Prior to that, Torraco served as a Director, Distressed and Special Situations, at Babson Capital Management.

She is also an advisory board member at Teach for America, Connecticut.