MONEY MANAGEMENT

Birch Grove signs marketing managing director

Ryan O'Connell joined alternative investment credit manager Birch Grove Capital as managing director, marketing and investor relations, said Edward Rowley, a Birch Grove spokesman in an e-mail.

This is a new position.

Mr. O'Connell was a managing director of investor relations at hedge fund firm TIG Advisors. Riyaz Lalani, a TIG spokesman, could not provide information by press time on whether TIG has hired an executive to replace Mr. O'Connell.