Babson Capital completes EM debt team

Babson Capital completes EM debt team

Babson Capital has expanded its emerging market debt team with 12 new hires.

The announcement follows the hiring of Ricardo Adrogue and Brigitte Posch last October under the direction of Russ Morrison, MD and head of global fixed income.

The team, which is now fully staffed, is integrated with the firm’s fixed income teams in the US and Europe.

“The integration of our investment teams across markets and geographies, along with an investment process that combines local debt and sovereign strategies with bottom-up credit analysis and top-down macro insights, provide  us with a truly holistic view of the emerging markets,” said Tom Finke, chairman and CEO.

Babson recently introduced two emerging market debt funds in Europe and intends to build on its offerings in the near term.