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Securitization People and Markets

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  • The International Association of Credit Portfolio Managers is set to announce its 2007 board of directors Tuesday.
  • Debt pros Neal Neilinger and Robert Smith have formed Greenwich, Conn.-based NSM Capital Management.
  • Ilex Asset Management, a London-based credit hedge fund, will be looking to hire an additional portfolio manager focused on the firm's soon-to-launch leveraged loan fund and a senior analyst for its flagship credit fund, said founder Simon Thorp.
  • Mark Timmis, a former head of flow credit derivatives trading at Bear Stearns in London, has resurfaced at Calyon.
  • Thacher Proffitt & Wood has added a three-person team specializing in commercial mortgage-backed securities.
  • Morgan Stanley has added Alex Kenna for its New York credit proprietary trading group as an executive director reporting to Michael Pohly, managing director in proprietary trading.
  • Morgan Stanley hired Alex Kenna for its prop group in the credit department as an executive director reporting to Michael Pohly, managing director in proprietary trading.
  • Barclays Capital has staffed up from zero to just under 100 people in the last 10 months, building a leveraged platform and raising many an eyebrow in the process.
  • Commerzbank Corporate & Markets has hired Sandy Bruce to head its secondary loan trading.