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
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Noah Breslow, OnDeck’s former chairman and chief executive officer, has left the company to join Bain Capital Ventures as an operating partner. The news of his departure comes nearly seven months after Breslow sold OnDeck to Enova and after key management personnel, including the head of corporate communications, have exited the company. -
Peter Zirwes, the highly regarded head of corporate finance at Daimler, Europe’s second biggest corporate bond issuer, will retire at the end of August. This follows an eventful career that has spanned bouts of transformative M&A.
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The European Banking Authority has published a new version of its NPL data templates, which are supposed to serve as a standardised way for buyers and sellers of non-performing portfolios to exchange information.
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Apollo subsidiary Redding Ridge has boosted its CLO platform, hiring Patrick McCarthy from JP Morgan, and Andrew Croshaw from law firm Cadwalader.
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BNP Paribas has hired a senior securitized product banker to work on ABS origination and structuring.
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WhiteStar Asset Management’s expansion into London could include the purchase of an existing CLO platform, according to chief executive Gibran Mahmud. The Texas-based firm, run by the former Highland Capital Management team, announced last week that it had opened a London office headed by executive chairman Gordon Neilly.
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Eagle Point Credit Management has added Sam Yoon to its CLO investment team to assist in CLO debt trading and portfolio management. Yoon will report to Dan Ko, principal and portfolio manager at Eagle Point.
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UK government is introducing a debt freeze for suffers from mental health problems, introducing a 60 day “breathing space” where lenders will be prevented from communicating with borrowers who are in arrears. Mental health has also come to the forefront of debate around how to help so-called ‘mortgage prisoners’ stuck on high interest rates after the financial crisis.
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Former Barclays structurer Fiona Nelson is joining SME lender Funding Circle's treasury operations, working in the structuring and execution team.
