ICG CDO Chief To Step Down Next Year

Sara Halbard, senior portfolio manager at Intermediate Capital Group, plans to leave the firm in June.

  • 08 Nov 2007
Email a colleague
Request a PDF

—Hugh Leask

Sara Halbard, senior portfolio manager at Intermediate Capital Group, plans to leave the firm in June. A spokeswoman for the London-based investment management firm denied the departure is a result of the current liquidity crisis, describing Halbard’s exit as a “personal decision to retire.”

Halbard currently runs the collateralized debt obligation effort at ICG’s fund management subsidiary ICML. She joined in 1999 from Bear Stearns, where she had run a proprietary trading desk focused on European high-yield bonds, distressed debt and special situation investments.

Plans for finding a successor for Halbard are in the works, according to the spokeswoman, but further detail could not be gleaned Thursday. Halbard could not be immediately reached for comment.

  • 08 Nov 2007

GlobalCapital European securitization league table

Rank Lead Manager/Arranger Total Volume $m No. of Deals Share % by Volume
1 Citi 4,296 9 12.14
2 BNP Paribas 3,136 11 8.86
3 Bank of America Merrill Lynch (BAML) 3,067 11 8.67
4 Lloyds Bank 2,346 10 6.63
5 Morgan Stanley 2,138 5 6.04

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 48,731.88 138 11.84%
2 Bank of America Merrill Lynch 44,227.86 120 10.74%
3 Wells Fargo Securities 33,922.42 99 8.24%
4 JPMorgan 31,992.55 93 7.77%
5 Credit Suisse 24,807.99 61 6.03%