Manager plans CDO staff cuts

By Michael Peterson

Aladdin Capital said yesterday it would switch its focus away from structured credit asset management and increase its advisory and investment banking businesses

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TAGS: High yield bonds People Leveraged loans

Comment by: Anonymous. Posted 15 years ago [2009-01-15 16:57:48]

This seems to be a path that many are going down. Look at ICP or many other "independents" -- it is a low cost pursuit that allows them to monetize knowledge about the markets without capital at risk. What will be interesting it to see how many of these market participants will be around in 12 mos time.

Comment by: Anonymous. Posted 15 years ago [2009-01-15 13:03:42]

Does anyone know if Aladdin are looking to sell their CLOs, that seems like the logical implication?