Saturday, 23 July 2016
Last updated 6 hours ago
Jan 11 2012 | 10:17am ET
Credit specialist Oak Hill Advisors has named Alexandra Jung, Adam B. Kertzner, Jeffrey E. Kirt and Thomas S. Wong partners.
The four join Oak Hill's existing six partners in overseeing the $13 billion firm's investment activities in distressed and performing credit markets in the U.S. and Europe.
Commenting on the appointments, Glenn R. August, president and founder of Oak Hill Advisors, said in a statement: "We are very pleased at the appointment of these four new partners. Their promotion is a testament to the depth and quality of our team and our commitment to developing talent. Each of the new partners has a demonstrated track record of success and will continue to be an important asset to the leadership of our firm."
Jung is co-head of European investments and co-manages the firm's recently-launched European distressed investment fund. Before joining the firm in 2009, she worked for Goldman Sachs in the European special situations group and at Greywolf Capital Management, where she was responsible for investments in European performing and distressed credit.
Kertzner is a member of the North American portfolio management team and has primary responsibility for the firm's high-yield, distressed debt and other trading activities. Prior to joining Oak Hill Advisors' research team in 2002, Kertzner worked at Credit Suisse First Boston in the financial sponsors coverage group.
Kirt is a senior member of the firm's distressed investment group with a primary focus on North America. His primary areas of expertise include aerospace, autos, defense, financials and transportation. Before joining the firm in 2002, he worked in the high-yield capital markets group at USBancorp Libra and the leveraged finance and high-yield capital markets groups at UBS Securities.
Wong is a member of the North American portfolio management team and leads the firm's telecommunications, media and cable industry research efforts. Prior to joining the firm in 2001, Wong worked at Deutsche Bank in the debt capital markets group.
Oak Hill Advisors is an independent investment firm specializing in leveraged loans, high-yield bonds, distressed securities, structured products and turnaround private equity opportunities. It has offices in New York, London, Fort Worth and Sydney.