Sankaty Advisors Adds Eric Karp as Senior Advisor

Sankaty Advisors, a private manager of fixed income and credit instruments, said that it has added Eric Karp as a Senior Advisor. Karp will help the firm identify and pursue new credit investment opportunities, especially in the sponsored LBO space, the firm said in a statement. Karp was most recently global head of financial sponsors at Bank of America. Sankaty has offices in Boston, New York, Chicago and London.

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