Cestone, 5 others, join Tattersall

Andrew Cestone joined Tattersall Advisory Group, Evergreen Investments’ fixed-income unit, as head of global high yield, said Evergreen spokesman Dan Flaherty. Five high-yield analysts who worked with Mr. Cestone at Deutsche Asset Management in Philadelphia until DeAM consolidated its high-yield operations in New York in August, also joined TAG: Charles “C.J.” Baldoni, Michael Brown, Howard Bryerman, Eran Grumberg and Robert McLaughlin. Mr. Cestone succeeds Gary Pzegeo, who was leading the high-yield team as well on an interim basis since the bulk of the firm’s existing team joined Hyperion Brookfield Asset Management in September. Mr. Pzegeo, a senior fixed-income portfolio specialist, will co-manage the group’s high-yield portfolios with Mr. Cestone until July 2, when he will return to his portfolio specialist role. Mr. Cestone and his team will be based in Philadelphia.