The material on this site is for financial institutions, professional investors and their professional advisers. It is for information only. Please read our Terms & Conditions, Privacy Policy and Cookies before using this site. Please see our Subscription Terms and Conditions.

All material subject to strictly enforced copyright laws. © 2022 Euromoney, a part of the Euromoney Institutional Investor PLC.

Profile: Aladdin’s lamp sputters

Downsizing in CLO, CDO, CSO; upscaling mortgage and ABS.

Aladdin Capital has unveiled its new strategy designed to take advantage of the changing and deteriorating market environment in credit.

"We have downsized the CLO, CDO and CSO areas and are losing some staff," says Neal Neilinger, vice-chair at Aladdin.

"We’re looking at all the centres but the losses will mainly be in Stamford where the bulk of the origination and structuring staff are," he says.

While it is losing 15 out of 75 staff based in the US – the head office is in Stamford, Connecticut, Aladdin is hiring officials in other sectors. Aladdin was an early player in the CDO business, starting in 1999. The collapse of demand for structured credit means that the credit hedge fund and CDO manager is shifting its strategy. Although it is scaling back its origination capacity, it has hired a number of bankers for investment banking roles, and sales and trading activities.

Neilinger told Euromoney that Aladdin is developing advisory and investment banking businesses, augmenting its sales and trading and traditional asset management areas via senior hires and selective acquisitions.

The fund has hired two former Deutsche Bank officials, Laura Fazio and Nan Logan, who are media and telecom investment bankers.

You have reached premium content. Please log in to continue reading.

Read beyond the headlines with Euromoney

For over 50 years, our readers have looked to Euromoney to stay informed about the issues that matter in the international banking and financial markets. Find out more about our different levels of access below.


Unlimited access to and

Expert comment, long reads and in-depth analysis interviews with senior finance professionals

Access the results of our market-leading annual surveys across core financial services

Access the results of our annual awards, including the world-renowned Awards for Excellence

Your print copy of Euromoney magazine delivered monthly

£73.75 per month

Billed Annually


Unlimited access to and, including our top stories, long reads, expert analysis, and the results of our annual surveys and awards

Sign up to any of our newsletters, curated by our editors


Already a user?

We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree