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  • Azura Capital, the event-driven hedge fund run by industry veterans Peter Lupoff and Mark May, has hired Brian Cohen, a former analyst at EagleRock Capital Management.
  • BlueMountain Capital Management, which manages a relative-value corporate credit fund with approximately $2.6 billion in assets, has hired four investment professionals.
  • Credit Suisse First Boston will launch a $580 million loan package for Maguire Properties, backing its $1.51 billion acquisition of CommonWealth Partners.
  • Jeff Maillet, founder of the Chicago-based Noble Asset Management and one of the earliest institutional players in the loan market, has opened his doors to outside investors with the launch of a multiple strategy fund.
  • Robert Spector, head Canadian economist and chief strategist at Merrill Lynch in Toronto, plans to leave the firm and join McLean Budden, a Canadian asset manager with C$12 billion in fixed income.
  • Sberbank followed fellow state-owned bank Vneshtorgbank (VTB) to market today, selling what was only Russia's second ever subordinated issue.
  • China's economy, once fully developed, would not pose problems to other economies, said deputy prime minister Ji
  • The ADB has cautioned that the domestic economic growth could slowdown due to a cyclical downturn in global electronics demand
  • The most successful emerging markets have followed unorthodox policies, argues Harvard economist Dani Rodrik
  • J.P. Morgan is looking to capitalize on the increased growth of hedge funds and public accounts in the loan market by moving its loan trading group from the private to the public side of the informational wall.
  • Jeff Maillet, founder of the Chicago-based Noble Asset Management, and one of the earliest institutional players in the loan market, has opened his doors to outside investors with the launch of a multiple strategy fund.
  • IDB President Enrique V. Iglesias: “We're going through a special period of bonanza that warrants cautious optimism”