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Securitization People and Markets

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  • New York-based finance company CIT is exiting the mortgage lending business.
  • Frederick Horton has joined alternative investment manager Cohen & Co. as a managing director.
  • Keith Ashton has joined London-based investment manager Indicus Advisors.
  • Peter Benoist, a par trader at Citigroup, is moving to Deutsche Bank. He will report to Anthony LoGrippo, head of trading. Benoist left Citi last Friday
  • Atlanta-based asset manager INVESCO Senior Secured Management has hired Diane Garnick as investment strategist within the structured products group.
  • Collateralized debt obligation trader Evan Kestenberg has left United Capital Markets.
  • GE Corporate Lending has hired James Hallock as managing director for the restructuring finance group from Calyon
  • Goldman Sachs has hired Steve Tulip, a leveraged finance managing director, from JPMorgan.
  • Bank of America has hired Michael Peterson as a managing director and Cathy Chiavetta as a principal for its sales team.