Aladdin Capital launches debt capital markets unit

NEW YORK, April 14 (Reuters) - Money manager Aladdin Capital Holdings said on Tuesday it started a debt capital markets group to offer financing and other transactions to companies.

The unit will also offer liability management and advisory services to corporate and financial institutions, the company said.

Stamford, Connecticut-based Aladdin said Matthew Eastwick, who previously worked at banks including Credit Suisse, Deutsche Bank and Merrill Lynch, will head the debt capital markets unit.

The fund company said two other former bankers, Rock Fu and John Kjorlien, will head financial institutions and private placements within the unit.

Aladdin, best known for managing and issuing collateralized loan and debt obligations, has been on a hiring spree in recent months as major Wall Street firms have been cutting staff.

Chief Investment Officer Neal Neilinger said at the Reuters Private Equity and Hedge Funds Summit last month that he intends to build a more diversified boutique investment bank and take advantage of the wealth of talent now available. (Reporting by Elinor Comlay; Editing by Derek Caney)