DEBT SECURITIES: Black Diamond appoints SP portfolio manager

Alternative asset management firm Black Diamond Capital Management has appointed Jerome Shapiro as a managing director and structured product portfolio manager within the firm’s debt securities business which includes collateralised loan obligations (CLOs) and other structured vehicles. Shapiro joined the firm on June 1 at its Greenwich, Connecticut office and has responsibility for structured product investments across the Black Diamond’s platform, which has more than $8bn (£4.7bn) in assets u