CDOs/CLOs

Oak Hill Advisors has promoted Alexandra Jung, Adam Kertzner, Jeffrey Kirt and Thomas Wong to partners of the firm.

Dallas-based Highland Capital Management, which along with its affiliates has roughly $23 billion in assets under management, hired Brian Rice as managing director.

Societe Generale named Degenhard Schroeren as the head of leveraged finance for Germany, Austria and Central and Eastern Europe, according to reports.

More professionals, including securitization staff, are continuing to leave Morgan Stanley, published reports have indicated.

Albert Sohn, previously head of securitized products at Credit Suisse, will move into alternative investments in asset management at the bank. In his new position, Sohn will manage structured credit and residential real estate assets, according to an internal memo obtained by ASR.

As any entrepreneur, boss or parent can attest, the key to avoiding disappointment is managing expectations. Got a B student at home? Expect a C, and when he walks in the door with an A, voila! Happy days!

The American Securitization Forum (ASF) announced today that John Walsh, acting comptroller of the currency, will give a keynote speech at ASF 2012.

European buyout firm CVC Capital Partners has agreed to buy Resource America’s CLO unit in a move to expand in the U.S., the two companies said in separate statements today.

Knight Capital Group has appointed a director of institutional credit sales responsible for selling bank loans and high yield bonds to large European investors.

The fight over a capital surcharge for the largest banks took center stage in 2011, at least in the international Basel III process, as the chief executives of some major banks publicly clashed with regulators over the issue.