Peter Mobberley joined hedge fund Hildene Capital Management as head of business development, a spokeswoman said in an email.
It is a new position. Mr. Mobberley reports to Brett Jefferson, founder, co-CIO and president.
Mr. Mobberley leads the firm's fundraising efforts for Hildene's credit strategies: Hildene Opportunities Fund and Hildene Opportunities Fund II.
Mr. Mobberley was a managing director at One William Street Capital Management, spending three years in marketing and business development roles. One William Street executives could not be immediately reached for information on Mr. Mobberley's replacement.