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Mortgage Boutique Hires MD For New Role

AK Capital Markets has hired Lori Addison as a managing director and head of collateralized mortgage obligations.

AK Capital Markets has hired Lori Addison as a managing director and head of collateralized mortgage obligations. Andy Kowalczyk, founder and ceo, says the hire is a new one and is part of the New York-based mortgage-backed securities boutique's effort to expand its capabilities to CMOs and structured finance. The firm is also looking to hire a managing director for a new structured finance venture.

Addison previously worked as a saleswoman at Shoreline Trading, a mortgage broker in New York. Prior to that, she was on the buy-side and helped manage $17 billion in fixed-income assets at what is now known as Scudder Investments.

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