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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Thornburg Mortgage today launched Foreign National, a program that allows non-U.S. citizens to access the mortgage lender's products.
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Centerline has hired John Trentos to lead the company’s new collateralized loan obligation business.
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Patrick Wallace, head trader at Société Générale, has left the French bank and is joining GE Capital as a dealer trading both senior and junior loans.
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Patrick Wallace, head trader at Société Générale, has left the French bank and is joining GE Capital as a dealer trading both senior and junior loans.
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Jefferies Finance has hired Steve Goetschius from North Fork Business Capital to spearhead an expansion into larger corporate leveraged loans and work with Babson Capital in starting a standalone collateralized loan obligation business.
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Merrill Lynch has reportedly hired Ilan Stern,a former Bear Stearns secondary asset-backed securities trader.
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Moody’s Investors Service has added a credit card asset-backed securities analyst. Jeffrey Hibbs recently joined the agency’s asset finance group from T. Rowe Price.
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UBS will be exiting the hedge fund business sooner than expected, according to The Associated Press. Huw Jenkins, investment banking chief, told investors at a New York conference that Dillon Read Capital Management will be folded into UBS within a few months. “We said the integration could take up to 12 months,” Jenkins said. “From a practical point of view, I think it will be over and done within a couple of months.” Dillon Read had lost money for three straight quarters, including a $123 million loss in the first quarter on mortgage-backed securities trades.
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Jefferies Finance has hired Steve Goetschius from North Fork Business Capital to spearhead an expansion into larger corporate leveraged loans and work with Babson Capital in starting a standalone collateralized loan obligation business.