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Securitization People and Markets

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  • Former Terminus Asset Management managing partner Ricardo Diaz is heading up a new credit opportunity fund, according to an official with knowledge of the fund.
  • Jean-Claude Issa El-Khoury, JPMorgan's Dubai-based global head of markets for Middle East and North Africa, is set to exit.
  • Halcyon Asset Management's collateralized loan obligation operation will not be affected in the reverse merger with Alternative Asset Management Acquisition Corp.
  • Morgan Joseph, a New York-based investment bank focused on mergers and acquisitions, equity and private placements, is looking to build a structured products business.
  • Sorin Capital has hired well-known commercial real estate executive Brian DiDonato from Capmark as a senior partner.
  • Etienne Varloot, a structured credit strategist at UBS in London, is leaving his research position covering credit derivatives to join the Swiss firm's principal finance unit.
  • Fitch Ratings will keep rating MBIA’s financial strength and debt ratings for the immediate future even though the guarantor asked the rating agency to withdraw the ratings both publicly and privately.
  • Wachovia Securities has created a new principal finance group to be led Tom Wickwire, head of structured products.
  • Capital Four Management has joined forces with Credit Suisse Asset Management to launch a fund to exploit the fallout from the credit crisis, according to sister publication Alternative Investment News.