Dresdner Credit Head To Start Hedge Fund

BondWeek is the leading news publication for fixed-income professionals, covering new deals, structures, asset-backed securities, industry and market activity.

  • 02 Dec 2003
Email a colleague
Request a PDF

David Schwartz, head of structured products marketing at Dresdner Kleinwort Wasserstein in New York, has resigned and plans to start a structured credit fund. Schwartz says the fund, Fairhaven Asset Management, will focus on investing in senior classes of risk across structured credit products, including cash and synthetic collateralized debt obligations.

Schwartz left DrKW two weeks ago to show his commitment to the project and to avoid any conflict of interest while working at the bank. He says he has spoken with several investors and expects to raise $50 million in the coming months. Fairhaven has yet to sign up to a prime broker, law firm or accountant.

  • 02 Dec 2003

GlobalCapital European securitization league table

Rank Lead Manager/Arranger Share % by Volume
1 Societe Generale 15.35
2 Rabobank 14.41
3 Morgan Stanley 11.73
4 Barclays 8.99
5 Credit Agricole 7.57

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 27 Feb 2017
1 Wells Fargo Securities 11,897.40 33 11.83%
2 Bank of America Merrill Lynch 9,837.56 29 9.78%
3 Citi 9,714.54 32 9.66%
4 JPMorgan 7,997.38 24 7.95%
5 Credit Suisse 6,335.67 14 6.30%