Convertible Manager To Start Credit Hedge Fund

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  • 07 Apr 2003
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Lydian Asset Management, a Westport, Conn. asset manager with $1 billion in assets that has chiefly invested in convertible bonds, is looking to start a credit hedge fund. Volatility in the credit markets and a declining default rate have created an environment in which a credit fund with a high level of expertise and flexibility can flourish, says Ken Goldberg, a former high-yield technology analyst at Merrill Lynch, who joined Lydian earlier this year as a managing director. Goldberg and John Georgantas lead a research team of five people, all of whom report to David Friezo, managing principal of the firm. The fund will take long and short positions in high-yield, high-grade and convertible debt as well as derivatives, says Goldberg.

  • 07 Apr 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%