Stone Harbor, a credit specialist, has appointed a co-chief investment officer from within its ranks.
Jim Craige retains his role as head of emerging markets but also becomes co-CIO alongside Peter Wilby. The two have worked together as portfolio managers since 1992.
Craige’s is among a number of other promotions at the firm, which invests in emerging market credits, global high yield credit, and multi-sector credits.
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.
Matt Kearns is to be co-manager of US high yield portfolios; Matt Cottingham will co-manage European high yield; and Hunter Schwarz will co-manage bank loans.
Wilby said the appointments were partly about continuity of leadership as the business moves forward.
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