Goodson Joins Babson Cap Europe

Andrew Goodson has joined Babson Capital Europe as head of distribution. He previously was with Citi, where he ran syndicate for CDOs and structured credit in Europe.

PRESS RELEASE

Babson Capital Europe Limited (“Babson Capital Europe”), one of the largest leveraged loan managers in Europe, has announced the appointment of Andrew Godson as Head of Distribution. Andrew is responsible for Babson Capital Europe's global sales and distribution activities as well as distributing Babson Capital Management LLC products to European investors. He joined 2 June and reports to Ian Hazelton, Chief Executive of Babson Capital Europe.

Andrew joins the business from Citigroup (“Citi”) where he ran Syndicate for CDOs and Structured Credit in Europe. While at Citi, Andrew was instrumental in the growth of Citi's CLO franchise into one of the biggest in Europe, and was responsible for the global distribution of more than 50 transactions. Prior to Citi, Andrew spent three years working in the Securitisation group at Nomura where he was involved in the structuring of CDOs and securitisation in esoteric asset classes.

Commenting on the appointment, Ian Hazelton said: “We are delighted that Andrew has joined Babson Capital Europe at this interesting time. The current loan market dislocation presents attractive investment opportunities, and Andrew's industry experience and background will help us continue the growth of our asset management business.”

Babson Capital Europe is one of the largest senior and mezzanine leveraged loan fund managers in Europe. It has been investing in the European leverage loan market since 2001 and as of June 2008 has over