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Latest news
Meanwhile, BNP Paribas hires in structured finance
Debut manager is launching a CLO platform building on leveraged loan market experience
Andrew Burgess worked at Prytania for 16 years
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Claude Baum, a partner at law firm Brown Rudnick, has joined hedge fund Ore Hill Partners as general counsel.
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JPMorgan and Merrill Lynch are backing Forstmann Little & Co.'s $1.6 billion acquisition of 24 Hour Fitness Worldwide.
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Arturo Cifuentes, managing director and global head of collateralized debt obligation research at Wachovia Securities in New York, has left the firm.
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J.P. Morgan in London is expanding its propriety trading activity into correlation trading with two new hires from Dresdner Kleinwort Wasserstein.
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Amar Kuchinad, director in credit trading at Credit Suisse First Boston, has left the firm and will be joining Goldman Sachs at the end of May as a managing director.
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Deutsche Bank is leading a $440 million facility for Sturm Foods and is also arranging a $205 million loan for Alabama Metal Industries Corp. (AMICO) with Merrill Lynch.
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JP Morgan and Bear Stearns are leading $375 million of loans for Hughes Network Systems (HNS).
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Charles "Chip" Schorin, managing director head of asset-backed bond research at Morgan Stanley in New York, has left the firm for Elliot Management Co., a hedge fund.
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Scotia Capital Markets has hired John Mitchell, director in high-yield trading at UBS.