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Securitization People and Markets

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  • London-based Odeon Hobart Partners, a newly created broker dealer, plans to structure its own European securitizations in the future but will trade and sell bonds to its U.S. clients for now, according to Mathew Van Alstyne, managing partner.
  • Cecile Houlot, former northern European head of structured finance derivatives at JPMorgan, has joined Morgan Stanley in London as head of European securitization within the global structured solutions group, a new position.
  • Brian Bowes has left New York-based broker-dealer Hexagon Securities for start-up KGS-Alpha Capital Markets.
  • Richard Hopkin, managing director and head of U.K. securitization at Société Générale, has moved to the European Securitization Forum.
  • Red Stone Partners, a New York-based real estate investment company, has launched a $250 million investment fund to acquire fixed-rate, tax-exempt multifamily housing bonds.
  • Iron Hound Management Company is banking on the coming wave of commercial mortgage-backed securities maturities to fuel its fledgling loan modification and refinancing platform.
  • Steamboat Springs, Colo.-based Deer Park Road, a distressed mortgage- and asset-backed securities investment firm, has hired Scott Burg as an associate portfolio manager.
  • New York based-KGS-Alpha Capital Markets has launched a fixed-income trading desk that will focus on residential and commercial mortgage-backed securities.
  • Marco Angheben, London-based director at the Association for Financial Markets in Europe/ European Securitization Forum, has left the organization.