Fischer Francis Preps CDO Return

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  • 17 Nov 2003
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Fischer Francis Trees & Watts, a New York-based investor with more than $40 billion under management, is planning to add $300 million to that total by issuing collateralized debt obligation liabilities via Deutsche Bank Securities, according to several structured finance professionals. They say Fischer Francis will repackage asset-backed securities into the CDO structure. The deal, the firm's second CDO of structured finance securities, is being marketed as Commodore CDO II. Ken O'Donnell, the portfolio manager responsible for ABS at Fischer Francis, and Michael Lamont, an ABS CDO banker at Deutsche Bank, did not return calls.

At $300 million, the first version was also backed by structured finance and closed early last year; it was dubbed Commodore I. Deutsche Bank also underwrote that transaction, according to a Moody's Investors Service report on the first offering.

  • 17 Nov 2003

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
  • 24 Jul 2017
1 Bank of America Merrill Lynch 57,945.74 181 12.35%
2 Citi 57,243.86 174 12.20%
3 Wells Fargo Securities 48,214.86 152 10.28%
4 JPMorgan 33,301.70 114 7.10%
5 Credit Suisse 25,010.27 80 5.33%