Latest news
Latest news
Peter Troisi takes over as CEO, while resi credit head is one of four promotions to partner
Fund will deploy a range of investment strategies ‘so as not to limit its potential universe’
Alternative investment manager to buy up to $2bn in newly originated mortgages from a prominent non-QM issuer
More articles
More articles
-
More details about the financing structure Daimler will use after its trucks and buses business is spun-off and listed are emerging. The demerger will create two separate capital markets operations out of a company that has been Europe’s second largest corporate bond issuer of the past decade. -
The Joint Committee of the European Supervisory Authorities (ESAs) has released its hotly anticipated report on European securitization. But market participants are calling it a missed opportunity, pointing out that it fails to address recommendations made by the High Level Forum on the Capital Markets Union to develop the market.
-
Dagmar Kent Kershaw, former head of ICG's credit business, has joined the board of Axa Investment Managers' listed Volta Fund, which invests largely in CLO equity, alongside risk transfer deals, CLO debt and ABS.
-
The Global ABS conference will be returning to the venue it occupied just after the financial crisis poleaxed the securitization industry, London’s Edgeware Road, as travel worries and ever-changing rules and restrictions ruled out running Europe’s biggest capital markets conference in its usual Barcelona location.
-
Bank of America has poached a CLO structurer from JP Morgan to add to its CLO team.
-
RBC Capital Markets has tapped a CLO director at Citi to lead its CLO structuring desk.
-
UK specialist lender Paratus AMC is up for sale, GlobalCapital understands. If a deal is done, it will open a new chapter in the history of one of the best known names in European securitization, and change the ownership structure for a host of RMBS deals.
-
The Senate voted to overturn the 'true lender' law, a rule which makes it easy for non-bank marketplace lenders to originate loans through banks. Though the rule is unlikely to be rescinded, the efforts to roll it back show that pressure will remain on marketplace lenders, as states challenge federal regulations that they see as infringing on their licensing and usury laws.
-
Income Research + Management, a private fixed income asset management firm in Boston, added Ken Johnson and Philip Machoka as vice-president and portfolio manager to expand its client service team.
