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Securitization People and Markets

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  • Hartford Investment Management has hired Bhalendu Deshpande from Fleet Securities as a senior credit analyst.
  • Jessica Gilmore, an assistant v.p. and analyst at Trust Company of the West, has left the firm to join Kingsland Capital.
  • Calyon in London has hired Eric Lepage, global head of exotic trading at BNP Paribas in London, as global head of trading and quantitative research within the structured credit team.
  • Citigroup has made two hires for its mortgage trading group.
  • Citigroup is leading a $450 million facility for GXS Corp. It consists of a five-year, $50 million revolver; a six-year, $300 million "B" term loan; and a six-and-a-half year, $100 million second-lien term loan.
  • Sigma Capital Management, a New York subsidiary of hedge fund behemoth SAC Capital Advisors, has hired Jerry Levy, director in high-grade credit sales at BNP Paribas in New York.
  • Royal London Asset Management has hired Société Générale Asset Management's two London-based fixed-income portfolio managers.
  • Three saleswomen have recently left the structured credit sales desk at Deutsche Bank in London. Louise Kinsella, director, is headed for a structured credit sales role at Morgan Stanley in London.
  • Goldman Sachs and JPMorgan are in the market with a new $465 million first-lien term loan for Berry Plastics Corp., an add-on to its existing facility.