NEW YORK--(BUSINESS WIRE)--Stone Harbor Investment Partners LP (“Stone Harbor”), a premier manager of emerging markets credit strategies, global high yield credit strategies, and multi-sector credit strategies, today announced several promotions as the firm continues to evolve, innovate and develop its next generation of investment leadership.
Jim Craige, Head of Emerging Markets, has been appointed co-CIO of Stone Harbor, reflecting his vast experience and long tenure at the firm. He will serve alongside Managing Partner and now co-CIO, Peter Wilby. Having worked side by side as portfolio managers since 1992, Jim and Peter will continue to work together closely in leading Stone Harbor’s investment focus. Jim will retain his position as Head of Emerging Markets with overall oversight of the asset class, supported by the existing broad team including industry veterans Stuart Sclater-Booth and Kumaran Damodaran, both portfolio managers.
Marianne Rossi and William Perry have been appointed Co-Heads of Stone Harbor’s Global High Yield team, with responsibility for both the developed and emerging market sectors of the asset class. Within the developed market sector, Matt Kearns will co-manage the firm’s US High Yield portfolios alongside Marianne; Matt Cottingham will co-manage the European High Yield portfolios with Wei Romualdo; and Hunter Schwarz will co-manage Bank Loans alongside Cathy Nolan.
David Torchia continues as a senior investment leader, running Stone Harbor’s Multi-Sector Credit and Investment Grade developed market teams, which provide clients with solutions across a broad range of credit fixed income asset classes.
Peter Wilby, Managing Partner and co-CIO at Stone Harbor, said, “I am thrilled to congratulate this talented group of colleagues on their new roles. These appointments reflect our commitment to our clients and dedication to ensuring continuity of leadership as the business moves forward and we further develop our institutional quality global fixed income expertise.”
Jim Craige added, “The strength and depth of Stone Harbor’s leadership team is unmatched, and I look forward to continuing to work alongside my colleagues as the business continues to grow and develop. We believe there is significant opportunity as these asset classes continue to evolve and we believe the expanded leadership team we have put in place is well-positioned to capitalize on this for our clients.”
About Stone Harbor:
Stone Harbor Investment Partners LP is a global institutional fixed-income investment manager specializing in credit and asset allocation strategies.
The firm manages institutional clients’ assets in a range of investment strategies: emerging markets debt, global high yield, bank loans, as well as multi-sector credit products including unconstrained and total return approaches. The firm’s investment strategies are based on fundamental insights, derived from a combination of proprietary research and the in-depth knowledge and specialized experience of the firm’s team.
Founded in 2006 and based in New York, Stone Harbor serves clients from New York, Chicago, London, Melbourne and Singapore. For more information, please visit Stone Harbor’s website at www.shiplp.com.