David Lerner joins SHENKMAN CAPITAL MANAGEMENT, INC. as Bank Loan Portfolio Manager

NEW YORK, Sept. 9, 2013 /PRNewswire/ -- SHENKMAN CAPITAL MANAGEMENT, INC., one of the largest independent managers of high yield assets in the United States, is pleased to announce the appointment of David H. Lerner as Senior Vice President and Portfolio Manager, Bank Loans. David, who is a former Managing Director and Portfolio Manager in Credit Suisse's Credit Investments Group, will lead the Company's bank loan business.

"The combination of David's deep experience within the bank loan asset class and his commitment to comprehensive analysis makes him a natural fit for our growing organization," said Mark R. Shenkman, President and Chief Investment Officer of Shenkman Capital. "I'm very excited to have him take the helm of our expanding bank loan business," he said.

Mr. Lerner has over 20 years of experience in the banking industry. He joined Credit Suisse in 2000 during the bank's merger with Donaldson, Lufkin & Jenrette (DLJ). Prior to DLJ, he worked at First Dominion Capital, LLC as a Senior Vice President. Before DLJ, Mr. Lerner worked at the Mitsubishi Trust and Banking Corporation as a Vice President in their Leveraged Finance Group and, prior to that, at Banque Francaise du Commerce Exterieur as a Vice President in their Corporate Finance Group.

"I'm honored to be joining one of the pioneers in leveraged finance and thrilled to be leading a key growth element of a well-respected player in the bank loan sector," David said.

Mr. Lerner earned a Bachelor of Business Administration degree in Finance from The George Washington University.

SOURCE Shenkman Capital Management, Inc.