California Buy-Side Bigshot Joins Wells Capital Management

  • 21 Apr 2002
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Kirk Hartman has joined Wells Capital Management in the new position of director of portfolio management, where he will oversee all the portfolio managers of the firm's more than $110 billion in equity and fixed-income assets--including some $70 billion in fixed-income. He will report to Robert Bissell, the firm's president.

Bissell says he hired Hartman because Jim Paulsen, WCM's chief investment officer, has been increasingly in demand as a public speaker and market commentator, and has also been spending a great deal of time with clients and bankers. As a result, there has been a greater need for oversight of the firm's assets, in particular its equity assets, as there has not been a head of equity for a year or so.

Hartman leaves Bank of America Capital Management (BACAP), where he was director of fixed-income investments--responsible for some $46 billion in fixed-income assets. He had spent two years in that position, and was cio at the firm for a year prior to that. He has also worked at Lehman Brothers Asset Mangement, where he was a managing director and chief operating officer. Hartman was not available for comment. The firm is currently looking for a replacement, says Joe Fazzino, a spokesman for BACAP.

 

  • 21 Apr 2002

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) 6,415 22 12.84
2 Citi 5,781 17 11.57
3 BNP Paribas 3,530 14 7.06
4 Credit Suisse 2,783 8 5.57
5 Rabobank 2,633 4 5.27

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
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1 Citi 99,251.11 279 13.17%
2 Bank of America Merrill Lynch 90,895.27 265 12.06%
3 Wells Fargo Securities 72,661.39 222 9.64%
4 JPMorgan 52,367.24 169 6.95%
5 Credit Suisse 41,885.89 127 5.56%