Structured credit asset manager DFG Investment Advisers has brought on Goldman Sachs veteran Philip Darivoff to lead its board.
Darivoff will serve as chairman of the board of DFG and its parent company, Vibrant Capital Partners.
Prior to joining DFG, Darivoff spent 27 years at Goldman, where he most recently served as a member of the firm’s structured finance capital committee and director of its office of alumni relations.
Darivoff first joined Goldman in 1985 as an associate in the mortgage securities department. He was named managing director in 1996 and general partner in 1998. He also served as head of capital markets and co-head of the corporate bond department until 2002, and chairman of credit capital markets until 2005.
DFG is an asset management and advisory firm focused on alternative credit strategies. As of June 28, 2013, the firm managed over $1 billion in corporate and structured credit assets, including Vibrant CLO, a $317 million collateralized loan obligation that closed in January 2013.