Halcyon Taps Goldman Special Situations Pro

Halcyon Management Co., a $2.5 billion hedge fund, has nabbed Steven Mandis from Goldman Sachs to be its vice chairman and cio for its special credit and select opportunity strategies.

  • 15 Oct 2004
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Halcyon Management Co., a $2.5 billion hedge fund, has nabbed Steven Mandis from Goldman Sachs to be its vice chairman and cio for its special credit and select opportunity strategies. Mandis will focus on credit arbitrage and will be originating and acquiring a diversified portfolio of high-yielding debt of middle-market companies and undervalued investments. "We wanted to expand in that area," said Herbert Adler, managing principal.

The position was created to expand on products that are not offered by dealers. "We will be calling people directly and structuring things that are more complicated," said Mandis.

At Goldman Sachs, Mandis was a portfolio manager in the bank's special situations investing group, a multi-billion dollar proprietary credit investing area within the fixed-income, currency and commodity division. A Goldman spokesman did not return a call.

  • 15 Oct 2004

GlobalCapital European securitization league table

Rank Lead Manager/Arranger Total Volume $m No. of Deals Share % by Volume
1 Bank of America Merrill Lynch (BAML) 4,755 19 11.75
2 Citi 4,288 14 10.60
3 Rabobank 2,633 4 6.51
4 Goldman Sachs 2,615 4 6.46
5 Barclays 2,603 8 6.43

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 18 Jul 2017
1 Bank of America Merrill Lynch 57,210.26 177 12.39%
2 Citi 56,957.04 171 12.34%
3 Wells Fargo Securities 47,551.45 149 10.30%
4 JPMorgan 32,965.91 111 7.14%
5 Credit Suisse 23,990.96 75 5.20%