NB DISTRESSED DEBT INVESTMENT FUND LIMITED RED ORD NPV Nb Distressed Debt Investment Fund Limited Red Ord Npv : Portfolio Man...
03 Mars 2015 - 8:01AM
UK Regulatory
TIDMNBDG
3 March 2015
NB Distressed Debt Investment Fund Limited
Senior Analysts Brendan McDermott and Ravi Soni promoted to Co-Portfolio
Managers
NB Distressed Debt Investment Fund Limited (the "Company") announces
that the Company's senior analysts Brendan McDermott and Ravi Soni have
been promoted to co-portfolio managers for distressed debt, effective
immediately. Mr. McDermott and Mr. Soni report to Michael Holmberg,
Senior Portfolio Manager and head of Neuberger Berman's distressed debt
business.
The Company also announces that Patrick Flynn, co-portfolio manager of
the Company, will return to Neuberger Berman's High Yield business at
the end of 2015 as one of four high yield co-portfolio managers. Over
the next ten months his responsibilities at the Company will be assumed
by Mr. Holmberg and the distressed debt team.
Mr. Holmberg joined Neuberger Berman in 2009 to lead and build the
distressed debt business. Today, Mr. Holmberg and team oversee
approximately $950 million in committed capital across five distressed
debt vintages. Over time the team has expanded including the recent
additions of dedicated credit analysts Jan-Bart De Groote and Matthew
Maloney.
Enquiries:
Edward Berry
Edward.Berry@fticonsulting.com
+44 (0)203 727 1046
Carey Group, Company Secretary
Claire McSwiggan
+44 (0)1481 737 281
This announcement is distributed by NASDAQ OMX Corporate Solutions on
behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the information
contained therein.
Source: NB DISTRESSED DEBT INVESTMENT FUND LIMITED RED ORD NPV via
Globenewswire
HUG#1898804
http://www.nbddif.com/
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