CVC Credit Partners ("CVC Credit") has today announced that Gretchen Bergstresser, Jonathan Bowers, Tom Newberry and Christopher Allen are promoted to Partners.

Commenting on these promotions, Marc Boughton, Chief Executive of CVC Credit, said: "I am delighted to announce these promotions. Following the agreement with Resource America, Inc to create ‘CVC Credit Partners' from the merger of CVC Cordatus and Apidos Capital Management businesses in December 2011, the team has worked together to combine our expertise and provide Investors with global credit solutions whilst maintaining strong investment performance. One highlight for the Group was winning the global award for ‘Best CLO Manager of the year' at the Creditflux Manager Awards in 2012, our first combined award."