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Black Diamond to set up London office, appoints Cannon as managing director
By Sara Rosenberg
New York, April 11 - Black Diamond Capital Management LLC is establishing an office in London on June 1 and has appointed Peter J. Cannon as managing director of Black Diamond GB Ltd., the entity that will operate in London.
"We see the leveraged loan market in Europe as very robust with excellent growth prospects for us, and we believe that Peter Cannon is uniquely qualified to help us take our presence there to the next level," said Bill Bokos, senior managing director, in the release.
"We expect to be adding staff to build-out our effort in London in the near-term future."
Cannon most recently was senior portfolio manager at RMF Investment Management, where he played a key role in the development of that entity's collateralized debt obligation franchise.
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