London-based distressed and special situations hedge fund Shiprock Capital Management has appointed Mauro Roca – previously head of Latin America Sovereign Strategy at TCW Group – as senior sovereign strategist, according to a report by Alternatives Watch.

Prior to TCW, Roca spent more than a decade at Goldman Sachs as a senior economist covering Argentina, Venezuela and Ecuador. His career also includes senior roles at the IMF, the Federal Reserve Bank of New York and the Central Bank of Argentina.

The hire follows the addition of COO Gavinish Sangha earlier this year. Founded in 2023, Shiprock manages over $1bn in assets and is expanding its investment team as it scales its global distressed and special situations strategies.