Oak Hill Advisors, the New York-based investment management firm, has appointed Declan Tiernan as managing director within its London-based client coverage group.

The appointment represents the firm's first hire of a client coverage specialist for the London office. 

Tiernan shares responsibility for managing investor relationships and marketing, and will focus primarily on investors based in Europe and the Middle East – regions which the firm said account for about 30 per cent of its $13.6 billion assets.

Prior to joining Oak Hill, Tiernan was managing director and head of alternative fund distribution at UBS Investment Bank. 

Previously, Tiernan worked at Deutsche Bank and HSBC, responsible for marketing structured and alternative credit products to European and Middle Eastern investors.

Oak Hill’s investment activities are focused on the North American and European markets; it manages distressed funds, credit hedge funds, customised accounts and other speciality credit funds.