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Securitization People and Markets

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  • Dan Lonski, whole loan mortgage trader at Merrill Lynch in New York, has left the firm and is joining J.P. Morgan in a mortgage trading role, also in New York.
  • The senior managing agent round for Metro-Goldwyn-Meyer's massive LBO financing launched Feb. 24.
  • Bank of America is in the market with a $213 million deal for MidOcean Partners' backing its acquisition of VitaQuest International.
  • Pre-petition asset-based lenders to Winn-Dixie Stores are expected to roll into the company's $800 million debtor-in-possession facility led by Wachovia Bank.
  • DKR Capital, an alternative investment management firm that manages $4.2 billion, has added a structured credit team that will target mis-priced credit risk.
  • Roberts, investment director at Standard Life Investments in Edinburgh, manages £500 million in global government bonds against the J.P. Morgan Global Government Bond indices.
  • Credit Suisse First Boston is boosting its London-based European distressed loan trading desk by bringing on board Kevin Lydon from Merrill Lynch as co-head of distressed trading.
  • John Vibert, mortgage-backed securities trader at Morgan Stanley, intends to join Credit Suisse First Boston soon in a similar role.
  • Credit Suisse First Boston set pricing on KGen Partners $475 million bank deal after a bank meeting Feb. 15.