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Securitization People and Markets

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  • Herb Finn, senior managing director and head of fixed-income sales at Advest Securities in New York, has recently left his post, according to fixed-income market participants.
  • GE Commercial Finance has hired Laura Hom as a senior v.p. on the structuring team.
  • Robert Lass, managing director of Radius Equity Partners, belted out Ray Charles' "Georgia On My Mind" in front of distressed investors and attorneys at The Venetian Hotel's Zeffirino Ristorante.
  • Credit Suisse First Boston and UBS launched a repricing last week for Harbor Freight Tools' $440 million "B" loan.
  • BNP Paribas launched syndication last week of a $151 million credit backing Onex Partners' $209 million acquisition of Cosmetic Essence's parent company BMP/CEI Holdings.
  • The Carlyle Group's European leveraged finance business hired four more staffers to its newly created team.
  • Constellation Brands has tapped J.P. Morgan to lead the debt backing its $1.36 billion acquisition of The Robert Mondavi Corp.
  • Hartford, Conn.-based Phoenix Companies recently added Gulen Indomenico and Andy Glover to its fixed-income research team.
  • 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.