Jon Ezrow, Credit Suisse First Boston's co-head of U.S. high yield capital markets, is jumping to the buyside, resulting in numerous position changes within the high yield group, including several promotions. Ezrow is leaving to take a senior portfolio management position with Goldentree Asset Management, according to an internal memo issued on Friday as CFW went to press.
Timothy O'Hara, previously U.S. co-head with Ezrow, has been promoted to head of global high yield capital markets. Albert "Tripp" Smith, global head of leveraged finance, had formerly held the global head of high yield position, but has now dropped that title.
Craig Packer will take over as head of U.S high yield capital markets and Steve Seltzer will remain in his position as head of high yield capital markets in Europe. Kevin Smith will move over to the high yield group from bank debt capital markets and David Miller will relocate from Los Angeles to New York to replace him as a senior member of the bank debt capital markets.
A CSFB spokesman confirmed the shifts, but declined to comment further. The bankers could not be reached by press time.