Oak Hill Nabs Goldman Vet For Euro. Credit

Apr 17 2012 | 12:08pm ET

Oak Hill Advisors has named a former Goldman Sachs executive to lead its European credit business.

Doug Henderson will succeed Richard Munn, who is stepping down from the post at the end of the year. Munn will remain with New York-based Oak Hill as a senior adviser.

Henderson's hire "underscores OHA's deep commitment to the European credit markets and our excitement about the opportunities it holds for our investors," Oak Hill founder Glenn August said. "We have a uniquely attractive market position in Europe with strong capabilities in both performing credit and distressed debt. The addition of Doug is a meaningful enhancement to our team and to our capabilities."

Henderson was chairman of Goldman's European credit finance group. He spent 13 years at Goldman and was named a partner in 1999; prior to joining the bank, he worked at Merrill Lynch Asset Management.

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