Twentyfour Asset Management expands credit team

Twentyfour Asset Management has hired Pierre Beniguel as a new portfolio manager for its credit team.

Beniguel joins from German commercial bank West LB where he has worked since September 2010. He initially worked in the credit trading division and later moved to the distressed securities and special situations department. Beniguel will join Twentyfour to work across its range of portfolios, with the group using a team approach across its mandates whereby every manager contributes to the process. Gary Kirk, founding partner and portfolio manager at Twentyfour, said: "We are pleased to welcome Pierre into the team where his experience in the European leveraged loan market and his cred...