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Securitization People and Markets

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  • New York-based hedge fund Seer Capital Management plans to launch in May a fund to access the nonrecourse lending from the Federal Reserve Bank of New York’ Term Asset-Backed Securities Loan Facility.
  • Neil McPherson, managing director at NewOak Capital, is headed for Markit.
  • Trader Courtney McAllister has left BNP Paribas for a position with Bank of America's credit trading team. McAllister joins the New York office as a senior trader, covering U.S. financials credit trading.
  • Bank of America Merrill Lynch has named JPMorgan veteran Bryan Weadock to its global markets group as head of Americas fixed income sales.
  • Jefferies & Co. has hired mortgage-backed securities trader Scott Shapiro from BNP Paribas.
  • Bill Seery, a principal at Allianz Risk Transfer, has left the company.
  • Jim Stehli, Robert Morelli and Saro Cutri, former executives at UBS, have banded together to form Sirona Advisors, a shop to price and value collateralized debt obligations.
  • Andy Kimura and Michael Marriott, heads of Credit Suisse’s structured products business, have retired.
  • NewOak Capital has hired a new managing director in New York to work on credit de-risking mandates using derivatives.