MidOcean Partners, a New York-based alternative asset manager specializing in alternative credit investments, has added Joseph Rotondo as a senior portfolio manager with the firm’s collateralized loan obligation segment.

Rotondo joins the firm with over two decades of experience within credit origination, structuring, and CLO portfolio management. Before joining MidOcean, Rotondo served as a senior portfolio manager with Invesco‘s global senior loan group where he managed over $7 billion of CLOs and worked as a part of the firm’s investment committee.

Over the last 20+ years, Joe has proven himself as a credit industry expert with significant experience successfully managing CLOs and a strong understanding of the leveraged finance markets,” added Dana Carey, MidOcean Credit CIO. “We are pleased to welcome an executive of his caliber to MidOcean and are confident that he is not only an ideal leader for our CLO business, but also a strong cultural fit with our firm. As we continue to develop our CLO platform to drive significant value for our investors and partners, we look forward to leveraging Joe’s commitment to active CLO management across credit cycles.”