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Deutsche Bank rehires ex-head of distressed debt from hedge fund Solus

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CJ Lanktree, who ran distressed debt trading for Deutsche Bank between 2003 and 2012, is back in a similar role at the bank, running its US distressed business, after parting company with hedge fund Solus Alternative Asset Management, according to a report by eFinancial Careers.

Mark Doria, Head of US Distressed Trading, and Brad Sweeney, Head of US Research will both report to Lanktree, while Lanktree will report to Dan Crowley, Head of US Flow and Distressed Trading.

According to his LinkedIn profile, Lanktree was a Partner, Executive Vice President and Portfolio Manager at Solus, a specialist in event-driven, distressed and special situation investment opportunities with $2.9bn in assets.

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