One William Street Capital Management has appointed Kathleen Riorda as a managing director and head of business development.
Riorda, who has over 20 years of alternative investment experience, will expand the firm's coverage of larger institutional clients and further develop the firm's client service and investor communications capabilities.
Riorda was most recently global head of client solutions at J.P. Morgan Alternative Asset Management, where she was responsible for the largest US and Canadian institutional and consulting relationships.
Prior to J.P. Morgan, Riorda held positions in the foreign exchange areas of J.P. Morgan and Bankers Trust.
'We are very pleased to have Kathleen join our team,' says David Sherr, managing partner of One William Street Capital Management. 'Our ability to attract senior professionals of Kathleen's calibre demonstrates the success we have had to date and our ongoing commitment to build a world-class investment management business. Her industry experience and relationships will complement our current capabilities and bring tangible value to our investors and partners.'
One William Street Capital Management is an alternative asset management firm specialising in securitized and other asset-based credit opportunities. The firm has USD1.25bn in assets under management.