Calamos Asset Management, an Illinois-based diversified investment firm, has announced that Terry O’Malley has joined the firm, to expand Calamos’ institutional business in Europe.

Based in London, Mr. O’Malley will be responsible for further developing the firm’s presence in the institutional direct and consultant marketplaces in the UK and continental Europe.

Reportedly, Mr. O’Malley brings more than 20 years of financial services experience to the firm. Prior to joining Calamos, he was head of UK distribution for a number of large global institutional asset managers, including Credit Suisse, Invesco and Fidelity.

John Calamos, chairman, CEO and co-chief investment officer, said: “ Mr. O’Malley’s extensive experience in Europe provides us with an opportunity to enhance service to our existing international institutional clients and will help further diversify our business globally. We believe his institutional focus complements our existing efforts in Europe to expand our business through global intermediary and platform relationships.”