Alternative investment group CVC has made two hires at its credit arm, the latest in a string of appointments on both sides of the Atlantic over the past 12 months.

In a statement, CVC said that Stuart Levett had joined CVC Credit Partners as a managing director and Julia Agafonova as a director, both to be based in Europe. Levett will focus on the group's European trading activity while Agafonova will concentrate on fund administration and lead the European operations team.