Aladdin Capital Management has expanded its sales and trading division with the appointment of Mark Atmore, who brings more than 19 years experience from Bear Stearns and Nomura.
The sales and trading division is led by Michael Gibbons who joined Aladdin in March 2009. Brian Robertson heads European trading and syndicate. The sales and trading division currently comprises ten professionals with over 150 years of cumulative experience and an additional pipeline of hires is pending.
Gibbons says: 'Our sales and trading division originates and distributes across all asset classes, focusing on complex high margin credit solutions for clients. We will particularly concentrate on areas of stress, including asset-backed securities and distressed financials, driven by the firm's deep credit expertise. As we strive to deliver high value research-driven solutions for clients, these senior hires will be critical additions to our team. Their wealth of knowledge and experience will undoubtedly be a valuable addition to Aladdin.'
Neal Neilinger, vice-chairman and chief investment officer of Aladdin (pictured), adds: 'Aladdin is uniquely placed to capitalize on current market opportunities given our independence, ten years of asset management experience behind us and today, more than USD12.4bn under management. Our sales and trading division will further leverage Aladdin's historical presence in credit markets and help to develop synergies with our client solutions and investment banking colleagues internationally as the markets present more opportunities for the agile and opportunistic managers.'