Lehman Brothers has hired Inna Raiskin White, v.p. and fund derivatives structurer at Deutsche Bank, as its first dedicated fund derivatives structurer in the U.S. Jean-Marc Spitalier, head of fund structured products at Lehman in London, explained that the firm has developed a fund derivatives business in the U.S. through its existing marketing team, but does all the structuring out of London. Now that demand has grown, it makes sense to have a staffer on the ground, according to Spitalier.
At Deutsche Bank, White reported to Anand Parekh, head of North American fixed-income structuring in New York. Parekh did not return calls.