Jean Fleischhacker was named senior managing director of business development for Black Diamond Capital Management, according to a news release.
The position is new. Ms. Fleischhacker will head structuring and marketing for CLOs and lead new product and strategic development. She will work alongside Michael Moreno, head of marketing and investor relations.
Ms. Fleischhacker was managing director of global distribution for Babson Capital Management.
Spokesmen for Black Diamond and Babson Capital could not be reached by press time.