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Latest news
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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Hinman joined Los Angeles-based Ares Management in March as a portfolio manager from Pacific Investment Management Co. Ares manages around $7 billion across credit products. -
Nicholas Letica, managing director in mortgage-backed securities trading at Deutsche Bank in New York, has left the firm.
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JPMorgan, GE Capital and Credit Suisse First Boston are leading a $300 million exit financing for clothing chain, Eddie Bauer. Syndication of the deal was launched last Tuesday.
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Katonah Capital should complete the transfer of Katonah Fund I through VI by mid-June, sources said.
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Hartford Investment Management has hired Bhalendu Deshpande from Fleet Securities as a senior credit analyst.
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Jessica Gilmore, an assistant v.p. and analyst at Trust Company of the West, has left the firm to join Kingsland Capital.
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Calyon in London has hired Eric Lepage, global head of exotic trading at BNP Paribas in London, as global head of trading and quantitative research within the structured credit team.
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Citigroup has made two hires for its mortgage trading group.
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Citigroup is leading a $450 million facility for GXS Corp. It consists of a five-year, $50 million revolver; a six-year, $300 million "B" term loan; and a six-and-a-half year, $100 million second-lien term loan.
