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Hedge fund Elliott Management Corp. is looking to expand its business in Wall Street’s hottest debt market. The firm is considering packaging riskier corporate loans into bonds known as collateralized loan obligations, according to people familiar with the matter. The $35 billion hedge fund is building a team to assemble the deals and enlisted Brian McNamara, formerly at GoldenTree Asset Management, as a consultant to help with the effort, the people said. The effort is tentative and Elliott may yet ... Full investment news article
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MOUNTAIN VIEW, CA, Clinical-stage biopharmaceutical company focused on developing novel medicines to treat cough, today announced the completion of a $35 million Series A financing. Full investment news article