David Lerner was named senior vice president and portfolio manager, bank loans, at Shenkman Capital Management, according to a news release.
Mr. Lerner will lead the high-yield money manager's bank-loan team and report to Mark R. Shenkman, president and chief investment officer.
Mr. Lerner previously was managing director and portfolio manager, credit investments, at Credit Suisse Group. Suzanne Fleming, Credit Suisse spokeswoman, did not immediately return a phone call for further information.
Officials at Shenkman Capital did not return a phone call by press time.