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Funds
Black Diamond hires new credit hedge fund PM from Och-Ziff
Thursday, January 5, 2012
Black Diamond Capital Management has announced that it has brought on board Och-Ziff’s former corporate credit head Kenneth Rubin as portfolio manager for its credit hedge funds. Rubin joins the Greenwich-based asset manager as a senior managing director. Stephen Deckoff’s Black Diamond manages $10 billion in assets, with its main focus on distressed debt, as well as a large CLO and mezzanine loan investment business.
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Trading
Structured
CFlux secondary
CLO index levels:
| Index | 14 May |
|
| CFlux USD AAA | ↑ | 96.0 |
| CFlux USD AA | ↑ |
87.7 |
| CFlux USD A | ↑ | 85.1 |
| CFlux USD BBB | ↓ | 77.2 |
| CFlux USD BB | ↑ |
75.9 |
| CFlux USD EQ | ↓ | 76.7 |
