Donna D. Calder joined SunAmerica Asset Management as a portfolio manager and head of the company's small-cap investment group. She had been a general partner at Manhattan Capital Partners, a hedge fund specializing in high-growth equities. She dissolved that company in 1995.
Rajiv Sobti joined the mortgage-backed securities team at BlackRock Financial as managing director and portfolio manager. He formerly was head of quantitative research at Donaldson, Lufkin & Jenrette Securities. He has been replaced at DLJ by Bruce Alpern, who worked jointly with Mr. Sobti