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Angel Island Capital appoints chief strategy officer

Lynette Vanderwarker was named chief strategy officer at credit manager Angel Island Capital Management, according to a news release.

It is a newly created position. Ms. Vanderwarker reports to CEO Dev Gopalan. She will "focus on enhancing AIC's business development and client relations functions," the release said.

Ms. Vandewarker was previously managing director, credit strategies group at KKR & Co. Kristi Huller, KKR spokeswoman, could not be immediately reached to provide information on a replacement.

Angel Island Capital has $3 billion in assets under management.