Said Saffari was named partner and portfolio manager at alternative credit specialist GoldenTree Asset Management.
The position is new.
Mr. Saffari will be responsible for identifying relative value opportunities in emerging markets credit, Scott Sunshine, a spokesman for GoldenTree, said in an e-mail.
Mr. Saffari will report to Steve Tananbaum, GoldenTree's managing partner and chief investment officer.
Prior to joining GoldenTree, Mr. Saffari was a senior portfolio manager at ICE Canyon, where he was primarily responsible for the financials, industrials, commodities, and oil and gas sectors.
Lisa Wolford, a spokeswoman for ICE Canyon, confirmed Mr. Saffari's departure but declined to comment further.