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Securitization People and Markets

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  • DDJ Capital Management has hired a senior research analyst from Putnam Investments to bolster its bench as the Wellesley, Mass.-based fund rolls out new funds.
  • Deutsche Bank has lost three from its high-yield sales and trading desk.
  • Stefan D'Annibale, mortgage-backed pass-through trader at Banc of America Securities in New York, has resigned and joined RBS Greenwich Capital Markets.
  • Lehman Brothers landed the lead spot on a $550 million deal for Infor Global Solutions after aggressively working to meet deadlines.
  • Endurance Business Media is refinancing its bank loans and taking a dividend for sponsor Kelso & Co. after a strong 2004.
  • The National Rural Utilities Cooperative Finance Corp. (CFC) a privately owned, non-governmental organization that makes loans and provides business management services to rural electric utilities and telecommunications companies, expects to cut pricing and extend the tenor on $3 billion of investment-grade loans.
  • Two credit researchers have recently left Goldman Sachs in London, including Ewan Kirk, partner and head of fixed-income, currency and commodities research. The
  • Sankaty Advisors, the fixed-income affiliate of private equity giant Bain Capital, is raising capital for a new multi-asset class credit opportunities fund.
  • Chris Kelly, fixed-rate collateralized mortgage obligation trader at Merrill Lynch in New York, recently resigned and has joined UBS.