Babson Capital completes emerging market investment team expansion

By Tali Rackner

Norfolk, Va., April 22 - Babson Capital finished the expansion of its emerging market investment team, a process that began in fall 2013, according to a press release.

In total, the firm added 12 investment professionals.

Last October, the firm hired Ricardo Adrogue and Brigitte Posch to spearhead the new team under the leadership of Russ Morrison, managing director and head of global fixed income. The team is now fully staffed and integrated with Babson Capital's fixed income investment teams in the U.S. and Europe, the release said.

Babson Capital is a global asset management firm.

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