Babson Capital Welcomes 4 To Global Business Unit
Springfield -- 04/16/2009 --
Babson Capital Management LLC (Babson Capital), an investment management firm based in Springfield and Boston, Mass., and Charlotte, N.C., today announced it has added four new team members to its Global Business Development Group.
New to the group are Mark Sullivan and Jeffrey Stammen, CFA, who join the group’s sales team and will be based in Los Angeles and New York, respectively, and Joshua Leventhal and Loren Sageser, who join as product managers and will be based in New York and Charlotte, respectively. Leventhal will be responsible for alternative strategies while Sageser will be responsible for investment grade, high yield and various other debt-related separate strategies.
“We are excited to announce the addition of these talented and dedicated sales and product management professionals to the Babson Capital team,” said Anthony Sciacca, managing director and head of the Global Business Development Group for Babson Capital Management. “The expansion of our team is part of a broader effort to better serve institutional investors around the world who are interested in Babson Capital’s deep expertise across the credit spectrum, our focus on long-term relationships, and our track record of successfully helping clients through many market cycles.”
Today’s announcement represents the second round of additions to the Global Business Development Group since its creation in December 2008. Babson Capital in January announced the addition of Paul Gehrig as product manager and David Acampora to develop and manage relationships with investment consultants.
Biographies
Mr. Sullivan was recently managing director and Public Funds/Taft-Hartley Marketing & Client Service team leader for FAF Advisors. He has more than 15 years of experience in public funds and Taft-Hartley marketing and previously worked for Paulson & Co., Banc One Investment Advisors and A.G. Bissett & Co. He has a bachelor’s degree from New England College and studied technical analysis at the New York Institute of Finance.
Mr. Stammen joins Babson Capital from Wachovia Capital Markets, where he worked most recently as director of alternative investment sales. He has 13 years of experience working in the area of structured-credit products, fixed-income derivatives and mortgage-backed securities and previously worked with Citigroup Private Bank, UBS Investment Bank, CIBC World Markets and Citigroup/Salomon Smith Barney. He has a bachelor’s degree from Miami (Ohio) University and an MBA from Cornell University and has earned the Chartered Financial Analyst designation.
Mr. Leventhal comes to Babson Capital from J.P. Morgan, where he served as executive director in the Capital Introductions Group dealing with hedge funds. He has 12 years experience in the financial markets working with credit, structured credit and alternative investments. He previously worked in structured credit products at Bear, Stearns & Co. and with Foothill Capital Corp. He has a bachelor’s degree from Emory University and an MBA from Emory’s Goizueta Business School.
Mr. Sageser comes to Babson Capital from Wachovia Capital Markets, where he was vice president of structured debt finance, serving as lead deal structurer and distribution manager for Wachovia’s credit opportunity and bank-loan fund platform. He previously worked with fixed-income asset manager Churchill Pacific LLC, private equity fund of funds Horsley Bridge Partners, and the Franklin Templeton Group. He has a bachelor’s degree and a master’s degree from Stanford University and an MBA from UCLA
About Babson Capital Management LLC
Babson Capital Management LLC and its subsidiaries serve institutional investors around the globe and have $128.9 billion in assets under management as of June 30, 2010. Through proprietary research and analysis and a focus on investment fundamentals, we develop products and strategies that leverage our broad array of expertise in fixed income, equities, alternative, structured products, debt financing for corporations and debt and equity financing for commercial real estate. Based in Boston and Springfield, Mass., and Charlotte, N.C., with offices in New York City and Los Angeles, the firm’s subsidiaries include Babson Capital Europe Limited in London, Babson Capital Australia Pty Ltd in Sydney, and Cornerstone Real Estate Advisers LLC in Hartford, Conn. Babson Capital is a member of the MassMutual Financial Group.