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Securitization People and Markets

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  • Serologicals Corp. is continuing its acquisitive growth strategy, buying Upstate Group for $205 million following its purchase of AltaGen Biosciences in July.
  • Thorp is chief investment officer and runs ILEX's European credit opportunities fund with James Sclater, senior portfolio manager.
  • Lehman Brothers is leading the financing backing Syniverse Technologies' $57 million acquisition of Interoperator Services North America from Electronic Data Systems Corp.
  • Rogers Wireless Communications is using short-term financing to fund its C$1.4 billion acquisition of Microcell Telecommunications and will visit the public debt markets once the acquisition is complete.
  • CIT Business Credit has set up a capital markets group and will be underwriting, syndicating and distributing syndicated loans.
  • J.P. Morgan also launched a repricing of printed circuit board manufacturer ViaSystems Group's term loan "B" last Monday.
  • Société Générale's rejiggering of its debt capital markets origination team in London has prompted the departure of Jean-Marc Blankert, head of debt capital markets origination for financial institutions.
  • McKoy is a portfolio manager whose specialty areas are asset-backed and commercial mortgage-backed securities.