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Avoca Hires Concerto’s Black to Head Hedge Fund Capital Raising

Avoca Capital Holdings, the Dublin-based investment firm, hired Rachel Black from Concerto Asset Management as head of capital raising for its credit hedge fund business.

Black is based in London and reports to Simon Thorp, chief investment officer of fixed income, according to a statement from Avoca, which oversees 6 billion euros ($7.8 billion).

Black was head of Deutsche Bank AG’s credit hedge fund sales before joining Concerto, according to the statement.

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