New York hedge fund Ore Hill Partners has landed a big name to be its first president. Sam DeRosa-Farag will join the firm after 16 years at Credit Suisse, most recently as managing director heading up the investment bank’s global leveraged finance strategy and portfolio products group.
In his new post, DeRosa-Farag will head up business development and serve as chief investor liaison.
“We have known and worked with Sam for a long time,” said Ore Hill founder and Chief Investment Officer Ben Nickoll, “and have always been impressed with his knowledge, intelligence and experience in the credit markets.”
DeRosa-Farag joins Nickoll and fellow founder Frederick Wahl as a managing director, and will serve on the firm’s investment committee.