Bob Sherman was named senior vice president, strategic development, at fixed-income manager Shenkman Capital Management.
The position is new. Mr. Sherman will focus on client relationship management, said Jennifer Sheridan, Shenkman Capital spokeswoman, in an e-mail.
Mr. Sherman was a partner at GoldenTree Asset Management. Scott Sunshine, spokesman for GoldenTree, could not be reached for information on whether Mr. Sherman was replaced.