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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Luminus Group has set up a fund to originate and trade second-lien and mezzanine loans, as well as other subordinated debt-like instruments such as preferred and hybrid securities, solely in the power sector.
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Marty Fridson, who last week unveiled a new firm with BNP Paribas, plans to base the buyside shop on three ideas: research, execution and transparency.
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UBS has hired Vik Natarajan as head of distressed trading, Mike Glickman to distressed research and Amin Arjomand for its distressed distribution area.
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UBS on Monday let go several people in its collateralized debt obligation group, including Lirenn Tsai, global head and Robert Morelli, head of residential mortgage-backed securities CDOs.
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Merrill Lynch has undergone a reorganization of various heads of departments.
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Barclays Capital has added Robert Mattesky to its whole loan trading desk.
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The Chotin Group is seeking a new business development executive as the company continues to weigh its options in the distressed asset-backed securities market following the departure of asset-management head Zach Pashel.
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The Federal Home Loan Bank of Chicago has named Sanjay Bhasin executive v.p. in financial markets.
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Dan Covello, previously co-head of the asset-backed securities syndicate desk at Lehman Brothers, has been moved off the desk to another position within the firm.