Edgar Senior, a structurer and marketer in the synthetic portfolio credit department at Goldman Sachs in London, is moving to the investment bank's New York office to take a similar position. Senior said he is making the move because the market for high-yield synthetic CDOs is much larger in the U.S. than in Europe as the underlying assets are more liquid. Senior declined further comment.
He reports to Alastair Borthwick, European head of portfolio credit in London and will start reporting to Greg Mount, global head of portfolio credit in New York, when he moves in a couple of weeks.
