Hedge Funds

Advent Capital hires PM for credit opportunity fund


New York-based Advent Capital Management recently added a portfolio manager to complement its credit opportunity team. Steve Landzberg has joined the firm as a managing director and co-portfolio manager of the Credit Opportunity strategy.

Landzberg joins Advent from Barclays Capital, where he was a director and the portfolio manager of an approximately $1 billion portfolio of high-yield and special situations investments.

Prior to joining Barclays in 2000, Landzberg was a managing director at Bennett Management, a hedge fund, where he focused on the high-yield and distressed market and was actively involved in investment evaluation, monitoring and trading.

Advent's Credit