Nick Senn, head of fixed income debt capital markets at WestLB, has joined New Smith Financial Solutions as a partner. Senn said, "I will bring more of a focus on portfolio management, risk and trading." The firm is an independent boutique specializing in risk management advisory, such as selling non-core assets. It was set up earlier this year by former Merrill Lynch professionals T.J. Lim, ex-global debt capital markets coo, Glenn Barnes, former European head of structured credit, and Kevin Krespi, ex-head of debt for the Pacific Rim (DW, 7/7). The trio worked with Senn at UBS in the mid to late 1990s.
The advisory firm received its Corporate Finance Advisory license from the U.K.'s Financial Services Authority last month (DW, 10/5).
