Oak Hill Advisors hired Christine Daley as managing director in its investment team focusing on the stressed and distressed credit markets.

Daley was previously managing director at Lehman Brothers where she co-managed the distressed debt and special situations proprietary desk, was head of distressed debt research and was co-head of high yield research.

Daley has been investing in distressed since 1991. She joined Bear Stearns as a senior analyst in the high yield and bankruptcy department and worked there until 1993.

From 1993 to 1995, she was senior vice president of distressed at Lehman Brothers.

She rejoined Bear Stearns in 1995 and was co-head of distressed research until 1997. Before returning to Lehman Brothers in 1999, she was as an executive drector of UBS and was a portfolio manager for an internal credit hedge fund.

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