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Securitization People and Markets

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  • Headwaters has tapped J.P. Morgan and Morgan Stanley to lead the financing backing its $715 million acquisition of building products manufacturer Tapco Holdings.
  • TD Securities' loan sales desk has filled a spot, partly replacing John Bown and Alex Kozich, who left TD for Credit Suisse First Boston and Deutsche Bank, respectively
  • Collateralized loan obligation managers are increasingly looking to originate and underwrite middle-market loans rather than just invest, giving the shops greater influence over allocations and deal opportunities.
  • John Bown and Alex Kozich have left TD Securities for Credit Suisse First Boston and Deutsche Bank's loan sales desks, respectively.
  • Fortis Financial Services is building a loan trading capability and has brought on board Nicole Trepicchio from HypoVereinsbank to bolster the platform.
  • Tony Tang, principal at Mariner Investment Group in New York, is joining RBS Greenwich Capital.
  • ING Bank in London has hired Loic de Robert Hautequère, fixed-income research analyst at BlueBay Asset Management in London, as a high-yield research analyst.
  • ABN AMRO in London has hired Alison Miller, head of credit strategy at Dresdner Kleinwort Wasserstein in London, in a similar role.
  • Buntrock is a portfolio manager responsible for $650 million in global fixed-income for the Loomis Sayles Global Bond Fund, which he describes as an active currency vehicle for U.S.-based investors.