Babson Capital Management
HSBC and Babson close $502 million CDO
HSBC and Babson Capital, the Massachusetts-based asset managers, have closed a $502 million managed synthetic CDO.
Highland Capital buys European investment manager
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 hires Kung for alternatives
Babson Capital, the Massachusetts-based asset management firm, has hired Edward Kung as alternative product manager.