Sam Tillinghast was named president, U.S. private credit at Sun Life Investment Management, spokesman Scott Paer said.
The position is new. Effective Jan. 2, Mr. Tillinghast will lead Sun Life's U.S. private fixed-income group, as well as growing its third-party institutional business. He will report to report to Candace Shaw, senior managing director and portfolio manager, private fixed income.
Mr. Tillinghast was co-CEO of THL Credit Advisors. Co-CEO Christopher J. Flynn was named sole CEO of the company earlier this week.
Sun Life Investment Management had $44 billion in assets under management as of Sept. 30, including $23.2 billion in private fixed income.