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Securitization People and Markets

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  • Insight Investment has appointed Adam Mossakowski as a credit fund manager within its fixed-income team.
  • DoubleLine, the asset manager founded by TCW’s former CIO Jeffrey Gundlach, continues to add to its ranks even as it faces a lawsuit from Gundlach’s former employer.
  • Steve Gandy, London-based head of securitization at Santander Global Banking, has been elected chairman of the Association for Financial Markets in Europe/ European Securitisation Forum.
  • Calyon has added Paul Brown and Howard Goldberg to its high-yield desk as a managing director and analyst, respectively.
  • TCW filed a lawsuit today against former CIO Jeffrey Gundlach and other former members of the fixed-income portfolio management team that accuses them of breach of fiduciary trust, appropriating proprietary data and lying to gain an unfair advantage over their former employer.
  • UBS has hired Jason Mann for its fixed-income syndication desk, which includes asset-backed securities.
  • Assured Guaranty has tapped Nicholas Proud, a London-based managing director in its structured finance division, to head the company’s international credit enhancement business.
  • Ganesh Rajendra will become global head of asset-backed securities strategy at the Royal Bank of Scotland this month, replacing Ronald Thompson, who has left for Knight Libertas.
  • Sebastian Moritz, a senior flow credit salesman at London boutique StormHarbour Partners, has left the firm less than a month after joining.