New York (HedgeCo.net) – $11 billion hedge fund firm, Black Diamond Capital Management LLC, announced the appointment of Jean Fleischhacker as Senior Managing Director, Business Development.

Ms. Fleischhacker will lead the structuring and marketing for CLOs, other structured products, and mezzanine debt. She will also head new product development and play an instrumental role in strategic development and growth initiatives. Ms. Fleischhacker will be based in Black Diamond’s Greenwich, Connecticut office, working alongside Michael Moreno, Head of Marketing and Investor Relations and a Principal of Black Diamond.

“Jean is a seasoned and well respected industry veteran with extensive investment, product management and business development experience and we are very enthusiastic about bringing her expertise and leadership to Black Diamond,” said Stephen Deckoff, Managing Principal of Black Diamond. “Her experience and counsel leading CLO issuance and other new product development will be invaluable to clients and Black Diamond, and I am excited that she is going to lead this vital, strategic growth area of the firm.”

“I am thrilled to be joining a firm that has built an impressive track record of performance and success through multiple market cycles, while maintaining a disciplined approach to asset growth,” stated Ms. Fleischhacker. “I look forward to working with the team to help achieve the firm’s long-term goals and continue its tradition of excellence.”

Ms. Fleischhacker has over twenty five years of experience in the financial services industry, most recently as Managing Director at Babson Capital, heading Global Distribution. Prior to Babson, Ms. Fleischhacker was with J.P. Morgan and previously at Bear, Stearns & Co., where she was a Senior Managing Director, Structured Products. Ms. Fleischhacker began her investment career in the fixed income department of Alliance Capital Management (now Alliance Bernstein).