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Securitization People and Markets

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  • The following is a list of prominent personnel moves from around the U.S. and European markets.
  • Questor Management Co.'s Questor Partners Fund II has tapped Wells Fargo Foothill to lead the debt financing that will back its acquisition of Chef Solutions, the non-airline food business of LSG Lufthansa Service Holding.
  • Choy is an investment-grade and high-yield portfolio manager at FFTW. He helps manage $40 billion in mostly pension related assets from New York.
  • Tony Malloy is a managing director with New York Life Investment Management and portfolio manager of the MainStay Floating Rate Fund.
  • Morgan Stanley and Credit Suisse First Boston are in the market with a $175 million add-on "C" loan for engineering equipment company Dresser.
  • Credit Suisse First Boston launched syndication last Tuesday of a $325 million facility backing private equity firm MatlinPatterson's $475 million acquisition of Duke Energy's southeast merchant generation portfolio.
  • Deutsche Bank is in the market with a $315 million credit facility for United States Can Co. that refinances loans led by Bank of America, Citibank and Bank One. U.S. Can Co. is the operating subsidiary of Berkshire Partners portfolio company U.S. Can Corp.
  • Tier 2 automotive supplier Autocam Corp.'s business is highly correlated to new vehicle production and is spread across a number of product applications.