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Securitization People and Markets

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  • The number of public companies filing for bankruptcy is tracking at a record low, according to the American Bankruptcy Institute.
  • Anchor Point Capital is looking to launch a credit-focused fund of hedge funds in the fourth quarter.
  • Tuckerbrook Alternative Investments recently had the first close of its global distressed fund-of-funds, with just south of $50 million.
  • Beth MacLean will serve as the portfolio manager for leveraged loan investments at Lord Abbett & Co.
  • Beth MacLean, formerly portfolio manager at Nomura Corporate Research and Asset Management, has left to join Lord Abbett & Co.
  • Babson Capital Management hired Jeffrey Prince as a managing director responsible for collateralized debt obligation analysis and selection, and portfolio strategy and management, a new position.
  • Robert Alloway, high-yield credit default swap trader, has taken over temporarily trading loan-only credit default swaps at Lehman Brothers, following the departure of Jeremy Vogelmann in July to join Barclays Capital (CIN, 7/31).
  • Beth MacLean, formerly director and portfolio manager at Nomura Corporate Research and Asset Management, has joined Lord Abbett& Co. Robert Alloway, high-yield credit default swap trader, has taken over temporarily trading loan-only credit default swaps at Lehman Brothers, following the departure of Jeremy Vogelmann in July to join Barclays Capital
  • BNP Paribas has hired Sonal Khot, a structured credit derivatives marketer from JPMorgan in New York.