BlackRock Co-Head Moves To Macro Fund

Rajiv Sobti, formerly a managing director and co-head of fixed income at BlackRock Financial Management, resigned last week and will join Vega Asset Management, a macro hedge fund with trading offices in Madrid and London.

  • 09 Apr 2004
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Rajiv Sobti, formerly a managing director and co-head of fixed income at BlackRock Financial Management, resigned last week and will join Vega Asset Management, a macro hedge fund with trading offices in Madrid and London.
 
At Vega, Sobti will run a fixed-income relative value fund. He said he will focus on mortgage-backed securities, Treasuries, agencies, swaps, options and other triple-A securitized asset classes. He added that he would hire four to six professionals to work on the fund. In addition, Sobti will become head of North American trading for Vega, said Jon Berg, ceo of Vega Asset Management (USA).
 
BlackRock issued a detailed letter to investors last week that announced Sobti's departure and touted its fixed-income team's "deep bench." Barbara Novick, managing director at BlackRock, declined to comment.
  • 09 Apr 2004

GlobalCapital European securitization league table

Rank Lead Manager/Arranger Share % by Volume
1 Societe Generale 41.30
2 Rabobank 35.35
3 Morgan Stanley 11.45
4 BNP Paribas 5.95
4 Credit Agricole 5.95

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 16 Jan 2017
1 SG Corporate & Investment Banking 1,260.06 2 126,006,164,037.19%
2 Rabobank 1,081.86 1 108,185,922,974.77%
3 Wells Fargo Securities 430.57 1 43,057,020,785.00%
4 SK Securities 192.86 1 19,286,162,593.99%
4 Meritz Financial Group Inc 192.86 1 19,286,162,593.99%