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Ex-Deutsche banker scooped up
Influential banker helped shape European levfin market in 35 year career
Gordon Houseman moves firm four years after becoming partner
Changing one of IB bosses shows what Deutsche values
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  • The debt management arm of private equity firm 3i has followed up its acquisition of €2bn of CLO contracts from Invesco with the hire of Andrew Bellis, Credit Suisse’s global head of new issue collateralised loan obligations.
  • Goldman Sachs is said to be raising $518 million for a collateralized loan obligation managed by Credit Suisse Asset Management.
  • Andrew Bellis has left as head of collateralized loan obligations at Credit Suisse. .
  • Ryan McGovern, partner and founding member of mezzanine investment fund Ember Capital, has left the company in order to pursue other opportunities in the alternative investment fund industry.
  • An expected big increase in demand for turnaround advisory work has driven accountancy firm KPMG to appoint one new partner and three directors to its company turnaround business. The company said that it saw "huge" demand from distressed and underperforming companies seeking assistance, writes Olly West.
  • Citigroup is said to be marketing a $511.96 million collateralized loan obligation for GSO Blackstone Debt Fund Management.