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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Serologicals Corp. is continuing its acquisitive growth strategy, buying Upstate Group for $205 million following its purchase of AltaGen Biosciences in July.
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Thorp is chief investment officer and runs ILEX's European credit opportunities fund with James Sclater, senior portfolio manager.
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Lehman Brothers is leading the financing backing Syniverse Technologies' $57 million acquisition of Interoperator Services North America from Electronic Data Systems Corp.
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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.
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CIT Business Credit has set up a capital markets group and will be underwriting, syndicating and distributing syndicated loans.
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J.P. Morgan also launched a repricing of printed circuit board manufacturer ViaSystems Group's term loan "B" last Monday.
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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.
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McKoy is a portfolio manager whose specialty areas are asset-backed and commercial mortgage-backed securities.