Specialist credit manager Credaris taps CEO

Credaris Portfolio Management (CPM), a credit-focused asset management company, has hired Andrew Donaldson as chief executive officer. Donaldson joins from JP Morgan Securities, where he led the investor client management practice for European banking clients.

CPM is part-owned by HSH Nordbank and Solent Capital. The firm has roughly €1 billion under management in its structured and corporate credit portfolios, and specialises in sophisticated credit products primarily designed for use by financial institutions.

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