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Securitization People and Markets

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  • 40/86 Advisors has hired Tim Powell as its v.p. and director of private placement.
  • The Ohio Police & Fire Pension Fund has selected Lehman Brothers and Loomis Sayles to handle a $310 million high-yield bond mandate.
  • Rabobank International has hired Ronald Grobeck, managing director, from The Carlyle Group.
  • New York-based hedge fund firm Eidesis Capital is reopening its flagship Eidesis Structured Credit Fund Oct. 1.
  • Boston-based NewStar Financial, the firm founded by former FleetBoston corporate finance boss Tim Conway, has formed Newstar Credit Opportunities Fund with $150 million of equity capital.
  • Distressed debt shop DDJ Capital Management has hired Jim Kime, a credit analyst at $600 million hedge fund Feingold O'Keeffe Capital, as senior analyst.
  • Lehman Brothers retained its crown for the sixth consecutive year as the number one United States fixed income research team in the 14th annual Institutional Investor magazine All-America Fixed-Income Team.
  • SG Corporate & Investment Banking has hired Ruth Rhei Rencricca as head of syndications for Latin America.
  • Goldman Sachs has grabbed another loan player from Charlotte, hiring Bill Dobson, former head of trading at Wachovia Securities.