Drew S. Hanson has joined Advent Capital Management (ACM) as a Managing Director and senior credit analyst.

Hanson was previously the Director of Research of Chatham Asset Management, where he contributed to the rapid growth of a credit hedge fund and led the investment team. At ACM, Hanson will focus on the firm's Credit Opportunity hedge fund strategy. Hanson will also lend his expertise to ACM's convertible and high yield strategies.

Before advancing to money management, Hanson spent 16 years in fixed-income credit research, where he was twice named on the Institutional Investor All Star research team. Hanson led a telecommunications research team at Morgan Stanley and he was a senior analyst in telecommunications and media at Credit Suisse First Boston and its predecessor, DLJ. His credit markets experience includes syndicated bank loans as well as corporate bonds

Tracy V. Maitland, President of Advent Capital Management, said: "Drew Hanson brings a wealth of experience to our 21-strong investment team….We expect credit returns to increasingly be a function of sophisticated credit insights—precisely the skills that Drew Hanson brings to ACM."

Background Note: Advent Capital Management is a registered investment advisor with over USD 3.8 billion under management, including more than USD 1.6 billion in hedge fund strategies. ACM specializes in convertible and credit strategies and also manages a closed-end fund that is listed on the New York Stock Exchange (ticker AVK). ACM credits its success to a rigorous credit-driven investment process. ACM's investment team has over 250 years of investment expertise and the portfolio managers average 15 years of experience in convertible or high yield securities.