Eileen Mancera was named managing director and head of sales and marketing at high-yield bond investment firm Post Advisory Group.
It is a newly created position. She will report to Ronald Falls Jr., chief operating officer, and Jeffrey Stroll, chief investment officer, said Phillip Nicolino, a spokesman at Principal Financial Group, the manager's parent company.
Ms. Mancera was previously senior managing director at Kayne Anderson Capital Advisors. Officials at that firm could not be immediately reached for further information.
As of June 30, Post Advisory Group had about $17 billion in assets under management.