CIBC World Markets have announced changes to its senior management team. Effective immediately, Jay R. Bloom, Andrew R. Heyer and Dean C. Kehler will assume the additional titles and responsibilities of vice-chairmen of CIBC World Markets Corp.

The three, former co-heads of CIBC’s Leveraged Finance Group, and currently co-heads of CIBC’s Merchant Funds and members of CIBC’s U.S. Management Committee, will focus on client relationships and will continue to manage Trimaran Capital Partners, which has over $4 billion of assets under management.

Several senior members of The Leveraged Finance Group, already in place, will undertake responsibilities for its daily management, including: Edward Levy, William Phoenix and Bruce Spohler, who will be responsible for the firm’s Financial Sponsor Relationships; Walter McLallen, who will be responsible for High Yield Capital Markets; Richard Hassard, who will be responsible for Credit Capital Markets;
Keith Read, who will be responsible for Private Finance and James Courtenay, who will be responsible for European Leveraged Finance.

Along with their accomplishments in financings, says CIBC, Bloom, Heyer and Kehler have invested CIBC’s merchant funds in many successful businesses, including Global Crossing; Petersen Publishing, a major magazine publisher that was later acquired by EMAP plc; Seat Pagine Gialle S.p.A., one of Italy’s leading internet companies that was later merged into Telecom Italia’s Internet unit; Telebanc Financial
Corporation, the largest independent Internet bank, acquired by E*TRADE Group, Inc.; TNP Enterprises, and SpectraSite Holdings, Inc., a major cellular tower company.