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Influential banker helped shape European levfin market in 35 year career
Gordon Houseman moves firm four years after becoming partner
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Though emerging market loans widened in early trading on the day after Donald Trump’s election, pricing for both IG and EM loans returned to the levels of the day before by midday — as the overriding theme of cheap money in European markets, not the shock result of the US vote, dominated.
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The head of loan syndication and sales for Asia Pacific at Société Générale will become its global head of loan syndicate, assuming some of the responsibilities of the outgoing deputy head of global syndicate in the process.
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Credit Suisse has hired a senior leveraged credit trader in London following the recent departure of its head of European distressed debt and leveraged finance trading.
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Four banks have teamed up with law firm Simmons & Simmons to introduce market standard documentation for use in listed and unlisted repackaging transactions, in a move that they hope will ease hedging counterparty concerns for investors and help drive activity in this part of the market.
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French private equity firm Ardian has appointed a new co-head of its private debt division, as it prepares for big things from the sector.
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BNP Paribas is hoping to win more business from private equity firms across its product lines, following the appointment of James Seagrave as global head of financial sponsors.