Credit Suisse names Shackelford as director in the leveraged investments group

By Sara Rosenberg

New York, April 18 - Credit Suisse has appointed Michael Shackelford as a director in the leveraged investments group, effective April 3, where he will primarily manage and market dollar-denominated ABS collateralized debt obligations, according to a news release.

Shackelford will be reporting to John Popp, head of the leveraged investments group.

Previously, Shackelford was at Invesco Institutional, where he was responsible for managing and marketing ABS CDO portfolios.

"Bringing Mike on is a major step forward for us as the leveraged investments group continues to expand its asset and mortgage-backed investment activities," said Popp in the release.

"Expanding our ABS CDO platform is a priority for us in 2006 and is a natural complement to our U.S. and Euro CDO activities, which have historically been focused on the leveraged loan asset class."

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