Neuberger Berman, which invests in hedge funds, announced Monday that it has hired Andrew Wilmont as the lead European high-yield portfolio manager.
Based in London, Wilmont will be a senior member of Neuberger Berman's global high yield team and will report to chief investment officer for non-investment grade strategies, Ann Benjamin.
Wilmont was recently the head of European high-yield investment at Alcentra and previously held roles at AXA Investment Managers, Pareto Partners and New Flag Asset Management.
With $242 billion in assets under management as of December 31, Neuberger is one of the world’s leading employee-controlled money managers. It provides solutions for fund managers across equities, fixed income, hedge funds and private equity.