Latest news
Latest news
Debut manager is launching a CLO platform building on leveraged loan market experience
Andrew Burgess worked at Prytania for 16 years
Public versus private distinction scrapped for disclosure plus new, simplified templates for mature asset classes
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Deutsche Bank has hired Tom Sangiorgio as head of secondary agency collateralized mortgage obligation trading.
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ICP Capital has added two salesmen to its fixed-income sales team, bringing the number of salesmen at the firm in New York to seven.
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The UK’s Financial Services Authority fined Credit Suisse £5.6m this week, it’s largest-ever sanction on a bank, for failures in controls that led to a shock writedown of $2.65bn shortly after the publication of the Swiss firm’s annual results earlier this year.
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Tony McCann, head of high-yield sales at JPMorgan, has added head of loan and distressed sales to his title as the bank combines the sales team for the high yield, loans and distressed businesses.
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New York-based start-up hedge fund Hildene Capital Management has raised about $20 million of the $1 billion it plans to invest in distressed structured products, including subprime mortgage-backed securities, collateralized debt obligations of asset-backed securities and collateralized loan obligations.
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Heller Ehrman is the latest law firm to set up a covered bond practice following regulatory support for the sector.
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Christopher Greener, an asset-backed securities analyst at Société Générale in London, has left the bank.
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Tony McCann, head of high-yield sales at JPMorgan, has added head of loan and distressed sales to his title as the bank combines its sales effort for the high yield, loans and distressed businesses.
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Former executives from Moody’s Investors Service, Jay Eisbruck and Stephen Macy, are reportedly starting up a fund that will buy distressed esoteric assets.