In 2009, many high yield investors with exposure to triple-C credits made out like bandits, with the kind of returns they might not have thought possible previously. But that time is now over, says Andrew Jessop, high yield portfolio manager at investment behemoth PIMCO...
Imperial Capital is pushing beyond its traditional role as a distressed-debt specialist. The firm's objective: To transform itself into a full-service advisor for M&A and corporate restructurings. And Imperial is acquiring, and hiring, to meet that goal...
In an industry where bulge bracket banks and their billion-dollar deals dominate the headlines, Amalgamated Capital is quietly plugging along, providing funding to back purchases of smaller midmarket companies, a market the firm believes is underserved...
Macquarie Group, one of Australias largest commercial banks, is the latest foreign institution building an investment banking presence on Wall Streetand in this case, much of the focus will be on leveraged finance...
Stephen Mostyn-Williams, founder and principal of law and advisory firm smwlaw and a well-known figure in the European leveraged finance world, is concerned about the European market. Since high yield bonds have become the name of the game...