The board of trustees of KKR Income Opportunities Fund appointed Eric Mogelof trustee, chair and president.

Mogelof replaced Suzanne Donohoe, who has resigned from her role as trustee, chair and president. Mogelof recently joined KKR as a partner and global head of KKR’s client and partner group, succeeding Donohoe, who was promoted to a new role as KKR’s first global head of strategic growth.

Mogelof most recently served as head of PIMCO’s U.S. global wealth management business and was a member of PIMCO’s executive committee. He has more than two decades of industry experience, including serving as head of PIMCO’s Asia-Pacific business, co-head of PIMCO’s institutional business in the Americas and head of PIMCO’s global advisory effort. During the course of his time at PIMCO, he held several leadership roles spanning multiple geographies and overseeing hundreds of employees.

KKR Income Opportunities Fund is a diversified, closed-end management investment company managed by KKR Credit that seeks to achieve its investment objectives by investing primarily in first- and second-lien secured loans, unsecured loans and high yield corporate debt instruments.