Money Management

CVC Credit Partners appoints global head of CLO origination

Cary Ho was named managing director and global head of collateralized loan obligation origination at CVC Credit Partners, a news release said.

It could not immediately be learned whether this is a new position or whether Mr. Ho replaced someone in that role.

Mr. Ho will report to Gretchen Bergstresser, head of U.S. performing credit.

Previously, Mr. Ho was a managing director and head of credit structuring at Nomura Securities International. A Nomura spokeswoman could not immediately be reached for information on a replacement.

CVC Credit Partners — the credit management business of CVC — had $17.9 billion in assets under management as of June 30.

A CVC Credit Partners spokeswoman could not immediately be reached for additional information.