(Bloomberg)--GoldenTree Asset Management LP, the $18 billion corporate and structured credit hedge fund, hired Filippo Sampietro for its European asset-backed products business, according to two people familiar with the matter.

Sampietro is joining from Mediobanca SpA and will report to Cee Sarabi, who moved to London from New York in September to become GoldenTree’s first money manager for structured products in the region, said the people, who asked not to be identified because the information is private.

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