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Avoca adds sales specialist to boost credit hedge fund business


Avoca Capital, the €6 billion Dublin-based credit manager, has bolstered its hedge fund sales and marketing capabilities by appointing an executive specifically to raise money for its London hedge fund team, led by experienced credit manager Simon Thorp.

Rachel Black has joined the firm as head of capital-raising for the credit hedge fund team. She most recently worked at credit specialist Concerto Asset Management as head of marketing and business development. Her career in sales for financial institutions spans more than 15 years, including stints at JP Morgan and Deutsche Bank.

In April 2011, Avoca branched out from