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Securitization People and Markets

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  • McDonnell Investment Management, an Oak Brook, Ill.-based fixed-income shop, is building a leveraged loan and high-yield platform with some familiar names.
  • Empyrean Capital Partners, a new Los Angeles-based hedge fund that will invest across the capital structure, is gearing up for a July 1 launch date.
  • ABRY Partners' Cygnus Business Media has chosen GE Capital to lead its refinancing. Union Bank of California, the previous lead, will serve as co-syndication agent.
  • George Weiss Associates, an equity-based hedge fund in New York, is starting a high-yield effort that will take positions in bonds and credit derivatives.
  • The following is a list of prominent personnel moves from around the U.S. and European markets.
  • Anchorage Capital Group, a New York-based startup run by two former Goldman Sachs bank debt honchos, has hired Mike Aglialoro, a managing director and head of loan portfolio management for Scotia Capital.
  • Deutsche Bank and Morgan Stanley have added a $250 million second-lien "C" loan to the EUR1 billion credit facility backing The Blackstone Group?s EUR3.1 billion acquisition of Celanese.
  • TD Securities is bringing to market a $180 million credit facility for Stillwater Mining Co.