Jeffrey Maillet, the bank loan fund manager who controlled more than $13 billion for Van Kampen Investments Inc. of Chicago, has jumped to hometown rival John Nuveen & Co.

Nuveen said it plans to launch a prime-rate fund and a senior floating- rate fund within two to three months, seeking to cash in on the increasing popularity of bank loan participation funds.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.