Eurohypo in London has hired Hugh Fraser, associate director in the commercial mortgage-backed securitization group at Fitch Ratings in London, as a v.p. in securitization. He starts next month and will report to Caroline Philips, managing director in securitization at the German real estate bank.
Eurohypo decided to expand its team at the v.p. level based on deal flow, said Philips, and Fraser is the fourth and last hire for the time being. The three other v.p.s to have joined the team since early December are Nigel Das from Goldman Sachs, Sunil Gidoomal from Moody's Investors Service and Tanja Baran from Commerzbank Securities. Eurohypo has done four CMBS deals to date and more are in the pipeline, remarked Philips.
At Fitch, Fraser reported to Rodney Pelletier, managing director in CMBS. Pelletier said the CMBS team has hired three professionals who are expected to start in April--one internal associate director hire and two external analyst hires--and is looking for two more, to bring the team to 20.