Money Management

CIFC appoints European marketing head

Joshua Hughes was named head of European marketing at CIFC.

The position is new, confirmed company spokeswoman Amanda Klein in an email. Mr. Hughes will oversee CIFC's fundraising efforts in the U.K. and throughout Europe as the firm builds its business there. Mr. Hughes will be based in CIFC's new London office and report to Co-CEO Oliver Wriedt.

Mr. Hughes was head of global distribution at Muzinich & Co. Simon Males, head of U.K. institutional business, has taken over the management of the firm's existing U.K. sales team, confirmed Muzinich spokesman Naeem Taidi.

CIFC is a New York-based credit manager specializing in U.S. corporate and structured credit strategies with roughly $17 billion in assets under management.