Hedge Funds

Aladdin hires new team for structured products

by

Stamford, Conn.-based Aladdin Capital Management has hired three new investment professionals from AIG Global Investment with plans to develop new diversified structured products and at least two CDOs backed by structured credit product within the next year.

The trio will work with Anatoly Burman who joined the firm in February to start a new ABS and CMBS team.

Aladdin has hired Nunzio Masone as a managing director. Masone was previously a senior portfolio manager who ran a residential mortgage-backed and asset-backed securities credit portfolio for AIG. Martin DeVito also joins as a managing director and was most recently