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Credit Suisse First Boston has hired Adam Cohen as a vice president in the asset finance area. Cohen came over from FleetBoston (previously Banc Boston Robertson Stephens), where he established the conduit EagleFunding, and acted as a senior structurer and originator. Before Banc Boston, Cohen was at Standard & Poor's.

John Costa recently joined ING Barings as director of the financial institutions group. Costa, most recently executive vice president at Litchfield Financial Corporation, left just as the company was acquired by Textron Inc. Similarly, Joe Weingarten, joined ING from Litchfield, and will serve as a director.

The two came over independently, Costa said.

John Hancock Financial Services Board has elected Deborah H. McAneny as senior vice president of the Real Estate Investment Group. McAneny currently manages Hancock's debt investment operation, which includes the origination, underwriting and portfolio management of mortgage investments.

Calendar

February 24-25 in New York City: Frank J. Fabozzi, Inc/InformationManagementNetwork present CBOs, CLOs, CDOs Forum 2000. For more information please call (212) 768-2800 ext. 1.

February 29 in New York City: Duff & Phelps Credit Rating Co. will host an investor breakfast. For more information please call (212) 908-0390.

February 29 in New York City and March 8 in Chicago: Prudential Securities presents The Old New World Order. For more information, contact Prudential.

April 17-18 in Washington, DC: Strategic Research Institute presents The Premier Forum on Securitization of Student Loans. For more information call (800) 599-4950.

April 17-18 in New York City: Strategic Research Institute presents Tobacco Settlement Securitization: Seizing the Initiative in a New Asset Class. For more information call (800) 599-4950.

Miscellaneous

Banc of America Securities LLC has formed a CMBS Capital Market Groups. The group, headed by Ken Rivkin, will originate, structure and provide bridge financing for large single-borrower CMBS transactions.

Liberty Funds Distributor Inc. has launched two new bond funds aimed at offering higher returns to investors willing to forgo the easy redemptions of traditional open-ended, bond mutual funds. Fund manager Leslie Finnemore said 43 percent of it is invested in a variety of investment grade asset-backed securities, which she described as "being complicated and less liquid."

Addressing the class action suit brought against the company, Micheal Krahelski, sneior vice president and general counsel at Onyx Acceptance Corp., said, "Our lawsuit is basically the same as the ones filed against other companies over the last few months."

The law suit addresses the company's accounting for credit enhancement assets on its securitizations transactions.

"We have talked with the to our underwriters and they are not concerned about it," he stated. "They understand the case is without merit."

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