Aladdin Capital has expanded its debt sales and trading team with the addition of Mark Atmore, formerly of Nomura and Bear Stearns, and said it plans to add five more in the coming months.
Aladdin hired Atmore as a managing director in its credit sales team, which is led by Michael Gibbons, who joined Aladdin from BNP Paribas, where he was the head of distressed debt group.
Aladdin’s sales and trading team originates and distributes debt across all asset classes. The firm has more than $12.4 billion of assets under management.
Aladdin has hired more than 25 people since October and expects to end the year with 125 employees. The firm has been expanding its capital markets group, focusing on debt trading, advising and investment banking. It recently hired Carlyle Peak, the former head of the emerging markets syndicate at Merrill Lynch as a chief operating officer and head of Aladdin’s global syndicate (LFN, July 8, 2009).