Entries tagged "Drexel Burnham Lambert"
How better to grow your credit market business than hiring former junk bond pros of Drexel Burnham Lambert fame? Nelson Peltz's hedge fund Trian Fund Management LP hired two former Drexel bankers, Jay Bloom and Dean Kehler, to help Peltz (pictured) grow Trian's presence in the ailing credit market, according to a Thursday report by The Wall Street Journal. Bloom and Kehler are reportedly leaving their posts as managing partners of private asset management firm Trimaran Capital Partners LLC, which they co-founded. The Deal caught up with Ed Garden, one of Trian's three principals, to discuss the hiring. ...
