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.
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|Rank||Lead Manager/Arranger||Total Volume $m||No. of Deals||Share % by Volume|
|2||Bank of America Merrill Lynch (BAML)||6,703||19||10.45|
Bookrunners of Global Structured Finance
|Rank||Lead Manager||Amount $m||No of issues||Share %|
|1||Wells Fargo Securities||67,591.81||167||11.54%|
|2||Bank of America Merrill Lynch||57,568.62||162||9.83%|