David Ford, a senior analyst and portfolio manager with a background in high-yield bonds, has left Och-Ziff Capital Management and will join another New York-based hedge fund, Satellite Asset Management. Ford will be a partner at the firm. Ford declined comment, and Mark Sonnino, who founded Satellite three years ago with two colleagues from Soros Fund Management, did not return a call. A senior executive at Och-Ziff says the parting was amicable and the firm wishes Ford well. Ford has at least 10 years of experience investing in distressed and high-yield debt, according to the sell-side executive.
Promoted By CGIF
Read the magazine on your mobile device
Want full access to GlobalCapital?
If you are new to GlobalCapital or you already subscribe to some of our channels you can still easily extend your access.
Take a trial to the entire site or subscribe online to see all our capital markets news, opinion and data sets.
Don't miss out!Free trial
Most Viewed: Securitization
|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|
Bookrunners of Global Structured Finance
|Rank||Lead Manager||Amount $m||No of issues||Share %|
|1||Bank of America Merrill Lynch||57,945.74||181||12.35%|
|3||Wells Fargo Securities||48,214.86||152||10.28%|