Derby Lane Partners LP, a real estate credit investment firm established in 2023, has appointed Nishant Nadella, a former Citigroup Inc. trader, to oversee its public investment portfolio, including commercial mortgage-backed securities (CMBS). The move signals Derby Lane’s effort to leverage Nadella’s expertise in structured finance and capital markets to strengthen its position in the competitive real estate credit sector. Nadella, who spent over a decade at Citigroup managing complex bond transactions, will lead strategies for acquiring and managing CMBS assets, a critical component of the firm’s investment mandate.