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Securitization People and Markets

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  • Blaylock & Partners, an institutional brokerage and investment banking firm based in New York with offices in Chicago and San Francisco, is gearing up to offer fixed-income investors options and swaps based on taxable and tax-free municipals.
  • Harry Fry, senior managing director at Cantor Fitzgerald in charge of its brokerage division in New York, recently left the firm and plans to join Maxcor Financial Group.
  • Citibank and Merrill Lynch Capital launched syndication last Thursday of a $475 million refinancing for Key Plastics. The deal comprises a $75 million revolver, $275 million "B" loan and $125 million second-lien "C" loan.
  • Steve Sterling will head up Lehman Brothers' U.S. loan efforts and Richard Howell will lead the European side as Mark Lies, global head of leveraged finance, moves from New York to London to head up the high-yield loan and bond origination business.
  • Morgan Stanley and Credit Suisse First Boston are in the market with a $175 million add-on "C" loan for engineering equipment company Dresser.
  • The following is a list of prominent personnel moves from around the U.S. and European markets.
  • Questor Management Co.'s Questor Partners Fund II has tapped Wells Fargo Foothill to lead the debt financing that will back its acquisition of Chef Solutions, the non-airline food business of LSG Lufthansa Service Holding.
  • Choy is an investment-grade and high-yield portfolio manager at FFTW. He helps manage $40 billion in mostly pension related assets from New York.