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  • Attentus Management Group is in the market with its first commercial real estate-backed collateralized debt obligation.
  • Avis Rent A Car's $875 million term loan traded in the low pars on its break in the secondary market.
  • Last week, Ed Kearns left UBS and Jack Melnikoff left Goldman Sachs to join Barclays Capital.
  • CamelBak Products' second-lien bank debt plunged 20 points on talk the company has posted bad financial results.
  • Charter Communications bonds continued to trade up last week as investors took heart in the company's improved liquidity following its recent bank deal.
  • The following directory includes year-to-date search and hire activity for high-yield, distressed debt and CDO managers. The accuracy of the information, which is derived from many sources, is deemed reliable but cannot be guaranteed. All amounts are in US$ millions unless otherwise stated. To report manager hires and new searches, please call Kristen Haunss at (212) 224-3990, or fax (212) 224-3602.
  • Deutsche Bank has promoted Richard Byrne and Hope Pascucci as joint heads of global capital markets, according to an internal message from Michael Cohrs, head of global banking, and Anshu Jain, head of global markets.
  • Singaporeans will go to the polls for a general election on May 6. Candidates will be announced on April 27. This is Prime Minister Lee Hsien Loong's first election as Prime Minister. He took over from Goh Chok Tong in August 2004, and had been deputy Prime Minister for fourteen years before then. Lee's ruling People's Action Party now controls all but two of the 84 seats in Parliament.
  • With soaring oil prices, Asia’s economies must break free from overdependence on imported energy. But the real bottlenecks are often domestic
  • Legal & General’s head of asset allocation, Julien Garran, warns emerging market stocks are overpriced compared with their peers in the developed world.
  • The IMF projected India's GDP to grow at 7.3 % in 2006 and 7% in 2007 in its 2006 World Economic Outlook, published this week. It said that India needed to speed up reforms, especially in labour, infrastructure and the power sector to improve economic growth. The IMF also said that GDP growth in India has continued to surprise, driven by strong domestic demand. However, investment growth has yet to gain momentum.
  • The Loan Syndications and Trading Association has warned that the large logjam in Safety-Kleen litigation proceeds stuck in the marketplace threatens to harm liquidity and transparency of the loan market.