He will open a new office in New York City, the firm said.
The transaction is expected to close in the third quarter.
The new firm will incorporate York’s $4 billion CLO business.
He will focus primarily on new business development and marketing in the Southern U.S.
Plan promotes from within to fill the position.
The new hire is responsible for growing the firm’s U.S. offshore and Latin American business.
The new hire will lead the firm’s business development and capital formation activities.
The name change is expected to take effect before the firm publishes its half-year results in August.
The current global head of fixed-income is retiring on June 30.
He will be responsible for sourcing, structuring, transactional due diligence, monitoring and management.