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From Komfie Manalo, Opalesque Asia:

Global placement agent Park Hill Group, which has $126.4bn of commitments for its private equity and hedge fund clients, has selected MeehanCombs LP as the credit opportunities hedge fund manager that they will represent.

According to industry sources, Park Hill, a subsidiary of The Blackstone Group with offices around the world, had been looking for some time for a qualified credit opportunities hedge fund manager who could take advantage of credit opportunities in Europe and the U.S., and found MeehanCombs suitable for their requirement.

MeehanCombs is a Greenwich, CT-based credit opportunities hedge fund manager that was established last month by three experienced hedge fund executives Eli Combs, Matt Meehan and Jim Plohg. (See Opalesque Exclusive).

Combs, President of MeehanCoomb, resigned from Alden Global Capital where he was one of the founding members before co-founding the new firm. Plohg will be serving as the COO and general counsel of the new firm. He was also a founding member of Alden. Meehan is the CIO of MeehanCombs and its concurrent portfolio manager. He is an expert in European credit markets and was the portfolio manager of credit strategies from 2002-2011 and of Eos’ Credit Opportunities Funds from 2004 until 2011.

Park Hill li......................

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