Aladdin Capital, a U.S.-headquartered boutique investment bank, has bought the structured credit business of European specialist credit management firm Solent Capital, the bank said on Tuesday.
The acquisition includes nine synthetic collateralised debt obligations (CDO) managed by Solent Capital, which was one of the largest synthetic CDO credit businesses in Europe
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Tags: aladdin capital, buy, CDO, invest, Securitization, solent