SHENKMAN CAPITAL MANAGEMENT, INC. Announces the Hiring of Richard Keri as Senior Vice President, Business Development

NEW YORK, May 8, 2014 /PRNewswire/ -- SHENKMAN CAPITAL MANAGEMENT, INC., one of the largest independent managers of high yield assets in the United States, is pleased to announce that Richard Keri has joined the firm as Senior Vice President, Business Development. Rich will play a key role in expanding our relationships across institutional, insurance, and private client markets.  "We are thrilled to have an industry veteran of Rich's caliber join our growing firm at such an exciting time," said Mark Shenkman, President and Chief Investment Officer of Shenkman Capital. "Rich's broad experience complements our seasoned team and his reputation among institutional and retail clients alike will be an important element of our long-term development," he said.

"I'm honored to be joining one of the pioneers of leveraged finance asset management," Keri said. "I look forward to contributing to the growth of a business dedicated to a risk-averse investment style," he said.

Before joining Shenkman Capital, Keri was the Head of Global Private Banking at OppenheimerFunds since 2011. Prior to Oppenheimer, Keri was with Goldman Sachs for 15 years, where he had various leadership roles across the firm, most recently as Head of Financial Institutions and Structured Products within Goldman Sachs Asset Management.  

Mr. Keri, a CPA, earned a Bachelor of Science degree in Accounting from Rutgers College and a Master of Business Administration degree in Finance and Economics from NYU Stern School of Business, graduating with distinction. 

About Shenkman Capital
Shenkman Capital is an independent investment management firm, founded and registered as an investment adviser with the SEC in July, 1985. Since its founding nearly 29 years ago, Shenkman Capital has dedicated its investment management services exclusively to the leveraged finance markets. As an early participant in the asset class, it has earned a reputation as a pioneer and a prudent practitioner of comprehensive credit research analytics. Shenkman Capital manages assets for a predominantly institutional client base and has offices in New York, NY, Stamford, CT, and London, UK.

SOURCE SHENKMAN CAPITAL MANAGEMENT, INC.

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