SHENKMAN CAPITAL MANAGEMENT, INC. Announces the Hiring of Former Goldman Sachs Managing Director, Justin W. Slatky as Senior Vice President & Portfolio Manager

NEW YORK, May 2, 2011 /PRNewswire/ -- SHENKMAN CAPITAL MANAGEMENT, INC. (SCM), one of the largest independent leveraged finance managers in the United States, today announced the hiring of Former Goldman Sachs Managing Director, Justin W. Slatky as a portfolio manager.

"We are thrilled to have Justin join the Shenkman Capital team," said Mark Shenkman, President and Chief Investment Officer of SCM. "Justin brings a wealth of experience and insight from the high yield and distressed markets. His 10 years experience with Goldman Sachs in New York and London demonstrate that he has the skills to be a key contributor to our firm's continued growth."

"Justin's analytical skills and market knowledge are second to none and will serve our clients well. His background and leadership will help propel the firm into additional, related areas of investment management in the credit arena."

About Justin W. Slatky

Justin has 12 years of investing experience in high yield and distressed securities. Prior to joining Shenkman Capital, Mr. Slatky was Co-Head and Managing Director of the Distressed Bond business in New York and London for Goldman Sachs. Before joining the distressed bond business in 2002, Mr. Slatky was a telecom high yield analyst and a recipient of Institutional Investor's Runner-Up award. He joined Goldman Sachs from Credit Suisse First Boston in 2000, where he worked as a high yield analyst as part of an II ranked telecom team. Mr. Slatky graduated Magna Cum Laude with a B.S. in Economics (1998) and an MBA (1999) from The Wharton School at the University of Pennsylvania.

About Shenkman Capital

Shenkman Capital is an independent investment management organization, founded and registered as an investment adviser with the SEC in July 1985.  Over the past 25 years, SCM has dedicated its investment management services exclusively to the leveraged finance market, earning a reputation as a pioneer in the asset class as well as an early practitioner of credit research analytics. SCM manages assets for a predominately institutional client base, with offices located in New York, NY, Stamford, CT, and London, UK.

SOURCE SHENKMAN CAPITAL MANAGEMENT, INC.

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