Kent J. Wosepka was named managing director and global head of corporate credit with Goldman Sachs Asset Management.
He will replace Gregg Felton, a managing director who will relinquish the head of corporate credit role to focus on a new role as head of credit alternatives, managing “the Liberty Harbor hedge funds, the corporate credit hedge funds and related alternative credit strategies” with a with a 14-member investment team, according to a GSAM statement.
Mr. Wosepka was managing director and chief investment officer of fixed income at Standish Mellon Asset Management. He was replaced by David Leduc. Mr. Leduc will retain his previous duties as managing director of global fixed income and as a senior portfolio manager overseeing all non-U.S. and global bond strategies.