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CRE CDO specialist added for special servicing
The Situs Companies has recruited Ginn Downing as director in its rated special servicing group. She...
Job Swaps 7 October 2009 -
CDO structurer recruited
Fifth Street Finance has added a new team member to its investment adviser subsidiary, Fifth Street...
Job Swaps 7 October 2009 -
Structured credit reporting proposals unveiled
Two separate regulatory pushes towards improving reporting in the structured credit market were anno...
News 7 October 2009 -
CRE capital markets group formed
NewOak Capital has appointed Amy Levenson md and chairman of its newly formed commercial real estate...
Job Swaps 7 October 2009 -
Paris-based firm to focus on credit arb strategies
A new Paris-based asset management firm focused on credit and merger arbitrage strategies has been l...
Job Swaps 7 October 2009 -
High subordination mitigates industry/maturity risk
Structured credit strategists at Citi find that TruPS CDOs can offer impressive returns for investor...
CDOs of trust-preferred securities have been a niche asset class within the structured credit market...
Research Notes 30 September 2009 -
Damp squib?
SIV liquidates quietly, but secondary CDO market continues to improve
The initial buzz surrounding the announcement of the Victoria Finance liquidation (see SCI issue 152...
News Analysis 30 September 2009 -
MBIA junked
S&P has lowered its counterparty credit, financial strength and financial enhancement rating...
News Round-up 30 September 2009 -
Bank hires structuring head
Paul Levy has joined UBS as md and European head of FICC structuring. He was previously a partner at...
Job Swaps 30 September 2009 -
New calibration for Hedge Fund Evaluator
S&P has updated the calibration of Hedge Fund Evaluator v2.2 (HFE), its analytical tool for...
News Round-up 23 September 2009 -
Vehicle records 21.5% write-up in CDOs
The gross asset value (GAV) of Volta Finance Ltd was €64.4m at the end of August. This equ...
Job Swaps 23 September 2009 -
Global corporate CDO criteria updated
S&P has published revised methodologies and assumptions it uses to rate global CDOs backed b...
News Round-up 23 September 2009 -
KBC settles CDO case
Belgian bank KBC says it has come to an 'amicable settlement' with a number of private and banking c...
Job Swaps 23 September 2009 -
ABCP ratings to remain stable into 2010
Moody's latest ABCP review reveals that the sector stabilised in the first half of 2009. According t...
News Round-up 23 September 2009 -
Additional buyback for CRE CDO
Fortress Investment Group is proposing a further buyback of the Class A notes issued by Duncannon CR...
News Round-up 16 September 2009 -
CRE CDO delinquencies decline
Asset managers continue to extend maturing loans, with 54 extensions (4.8% by number) reported in Au...
News Round-up 16 September 2009