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Securitization People and Markets

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  • Kevin Murphy and Christopher Pucillo of Stanfield Capital Partners have been recognized by the National Foundation for Teaching Entrepreneurship (NFTE) for their commitment to increasing education and economic opportunities for low-income youth.
  • Pricing was set for the $165 million facility backing Kelso & Co.'s $414 million acquisition of Insurance Auto Auctions.
  • Alpharma, the Fort Lee, N.J.-based pharmaceutical company, is facing refinancing risk from $154 million of convertible notes that must be reduced to less than $10 million by Dec. 1.
  • Barclays Capital in London has hired two credit salesmen for new roles on its Middle East and North Africa distribution team.
  • The International Association of Credit Portfolio Managers has tapped Som-lok Leung, senior director at Moody's KMV, as executive director.
  • The work of the Basel Committee on Banking Supervision continues to portend changes for U.S. banking.
  • Credit Suisse First Boston and Barclays Capital have landed the lead roles on a $6 billion revolver for Fortune Brands.
  • Daiwa Securities America is adding two professionals to its rates sales and trading business. Robert Buetti has joined as an agency trader and reports to Raymond Remy, head of fixed income.
  • The resignation of DaVita CFO Denise Fletcher is not expected to affect the syndication of the financing backing the company's $3.05 billion acquisition of Gambro Healthcare.