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Securitization People and Markets

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  • Seer Capital Management is marketing a credit fund that will invest in commercial mortgage-backed securities, residential mortgage-backed securities and off-the-run asset-backed securities.
  • Michael Cox, formerly a real estate and structured finance strategist at the Royal Bank of Scotland, has joined London-based financial services firm Chalkhill Partners.
  • MBS Data, a data and analytics platform for mortgage-backed securities, is considering expanding its services beyond nonagency MBS to agency MBS and commercial mortgage-backed securities.
  • RS Investments has hired Kevin Booth, former managing director and co-head of leveraged finance at Blackrock, to run its RS High-Yield Bond Fund.
  • Nomura International has added a former UBS asset-backed securities professional to its London office.
  • Jared Epstein, head of Americas flow credit trading at BNP Paribas, is planning to launch a high-yield desk next year and has just hired four investment-grade credit traders in New York.
  • Adam Glass, a partner specializing in structured finance and derivatives at Linklaters in New York, is set to join the Securities and Exchange Commission’s new division of risk, strategy and financial innovation.
  • Wolf River Capital Management has completed the final close of the Wolf River Master Fund I, which invests in collateralized debt obligations backed by trust preferred securities.
  • StormHarbour Partners has hired Alan Leiderman to head its mortgage trading effort, which includes mortgage-backed securities and whole loans.