Latest news
Latest news
Claim that fees put off institutional investors denied
Meanwhile, BNP Paribas hires in structured finance
Debut manager is launching a CLO platform building on leveraged loan market experience
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Hartford, Conn.-based Phoenix Companies recently added Gulen Indomenico and Andy Glover to its fixed-income research team.
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Ryan Labs has ramped up an additional $800 million in new business in the last few months and has been expanding its New York asset management group, said Mike Donelan, portfolio manager of the now around $19 billion investment-grade fixed-income fund.
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Barclays Capital has snapped up Gregg Neville, director, and Daphne Haddock, analyst from the structured credit sales desk at BNP Paribas in New York.
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Syndication is set to begin tomorrow for a refinancing for Panolam Industries International.
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Loans backing two $1 billion automotive acquisitions by The Cypress Group are hitting the market.
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Albrycht is the senior portfolio manager at Phoenix Companies, Asset Management Division, and manages $3.4 billion in fixed income from Hartford, Conn.
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Martha Tuttle, a principal at Prudential Fixed Income, has been name a portfolio manager for Prudential's leverage bank loan team.
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UBS will hold a bank meeting this week for the financing backing Hicks, Muse, Tate & Furst's $405 million acquisition of Regency Gas Services from Charlesbank Capital Partners.
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The UBS European high-yield team in London has lost Adam Hewson, executive director and head of European high-yield and mezzanine capital markets, two months after Bob Ferguson, head of high-yield sales, departed for Credit Suisse First Boston in London (BW, 8/23).