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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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Distressed debt investment firm Quadrangle Group has hired Gordon Holmes, a former general partner at buyout firm Forstmann Little, as a managing principal effective Nov. 21.
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The Bond Market Association has created a new asset managers division that will address the interests of the buyside.
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BNP Paribas hired Thomas Cassidy, managing director, to head its healthcare banking group within its U.S. leveraged finance business.
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Cantor Fitzgerald has opened up a new office in Memphis, Tenn., and has hired Scott Gruber as managing director in charge of all fixed income sales and trading there.
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DKR Capital, the $4.2 billion hedge fund, is liquidating its $100 million DKR Varik Fund.
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Tony Malloy, a six-year veteran at New York Life Investment Management, has been promoted to senior managing director and head of NYLIM Securities Investment Group.
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Fixed-income powerhouse III Offshore Advisors is planning to launch a credit derivatives arbitrage fund next month.
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Bear Stearns has hired three new senior analysts for its fixed-income research team.
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40/86 Advisors has hired Tim Powell as its v.p. and director of private placement.