Massachusetts-headquartered Babson Capital Management has expanded its global business development arm, with the additions of Paul Gehrig and David Acampora.
Andrew Godson, who ran the syndicate desk for collateralised debt obligations and structured credit in Europe at Citi, has left the bank.
Babson Capital Management, based in Springfield, Massachusetts, has named Praveen Kumar as its new chief information officer.
HSBC and Babson Capital, the Massachusetts-based asset managers, have closed a $502 million managed synthetic CDO.
Dallas-based Highland Capital Management has bought ING Capital Management Limited (ICML) in a bid to break into the European collateralised loan obligation market.
Babson Capital, the Massachusetts-based asset management firm, has hired Edward Kung as alternative product manager.