CSAM Bulks Up In Structured Finance

Credit Suisse Asset Management is bulking up in structured finance, tapping Phil Wubbena as an asset-backed securities portfolio manager and Richard Avidon as a commercial mortgage-backed securities product specialist.

  • 20 May 2005
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Credit Suisse Asset Management is bulking up in structured finance, tapping Phil Wubbena as an asset-backed securities portfolio manager and Richard Avidon as a commercial mortgage-backed securities product specialist. Both report to Kevin Barry, head of U.S. core and core-plus fixed income, as well as mortgage-backed securities, Wubbena said. Barry did not return a phone call by press time.

Wubbena was previously a mortgage credit manager at ACA Capital and reported to Laura Schwartz, head of proprietary collateralized debt obligations. "I wanted to pursue the opportunity to learn something different," Wubbena said of his decision to switch from being an asset/liability manager to a total return manager. Avidon was a CMBS researcher at Alliance Capital Management and reported to Mark Gordon, head of structured research, Avidon said. He declined comment on why he left. Gordon did not return a phone call by press time.

  • 20 May 2005

GlobalCapital European securitization league table

Rank Lead Manager/Arranger Total Volume $m No. of Deals Share % by Volume
1 BNP Paribas 14,443 29 18.07
2 Bank of America Merrill Lynch (BAML) 8,264 27 10.34
3 Lloyds Bank 7,329 24 9.17
4 Citi 6,748 19 8.44
5 JP Morgan 5,220 8 6.53

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 118,826.70 342 11.07%
2 Bank of America Merrill Lynch 94,721.79 272 8.82%
3 JPMorgan 92,878.89 270 8.65%
4 Wells Fargo Securities 82,807.12 240 7.71%
5 Credit Suisse 70,475.74 184 6.57%