Peter Preisler, former head of global investment services for EMEA at T. Rowe Price, has joined Oaktree Capital Management.
Preisler had spent 14 years at T. Rowe Price and announced his departure from the business last August. Prior to that, he worked as managing director at Danske Bank
He has now joined Oaktree as head of marketing for Europe and Africa, where he will be responsible for refining and enhancing the firm's strategic growth plans.
He will particularly focus on capital raising, new client partnerships, platform expansion, product structuring and product initiatives.
US firm Oaktree was founded in 1995 and is a global alternatives investment management firm, specialising in high yield bonds, convertible securities, distressed debt, real estate, control investments and listed equities. Its founders include veteran investor Howard Marks who is co-chairman.
Tony Harrington, managing director and global head of marketing at Oaktree said: "We are excited to have Peter join the team. He is a knowledgeable, successful and well-respected industry veteran who will help Oaktree grow our business in Europe and Africa."
Preisler's role at T. Rowe Price was initially taken over by Robert Higginbotham on an interim basis and it has since appointed Scott Keller to the role, who will start in January 2019. Keller was previously head of global investment services for Asia Pacific.
Purchased for undisclosed sum
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