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Latest news
PAG also hires new vice president
Agreement on the EU package could run to December, senior lawyer told conference
Octopus Electric Vehicles has also added to its capital markets team
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Broker-dealer BTIG is launching a fixed-income group that will trade distressed debt.
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Large long/short equity hedge funds have been buying the bank debt of companies whose equity they own or had owned before they were taken private.
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The Loan Syndications and Trading Association sent a letter last week to the Treasury Department calling for a change in tax regulation relating to the cancellation of debt income.
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With the expectation that credit will be the first market to recover in the next two years, NEPC is recommending clients put up to 10% in opportunistic credit strategies.
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Aladdin Capital Management recently hired John Carroll as managing director and global head of securitized product trading and David Attisani as managing director of broker-dealer sales and marketing.
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Alcentra has closed its Los Angeles office, where much of its collateralized loan obligation team was located, according to market players.
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The head of securitization in the Americas at Mizuho Corporate Bank is leaving to head a commercial real estate finance group in Tokyo after eight years in New York.
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Aladdin Capital Holdings recently hired John Carroll as managing director and global head of securitized product trading and David Attisani as managing director of broker-dealer sales and marketing.
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NewOak Capital has hired Patrick Mooney, most recently a managing director at the Securities Industry and Financial Markets Association, as its chief operating officer.