United Capital Markets has hired Evan Kestenberg and Steven Finnk as collateralized debt obligation analysts, says John Devaney, president of the Key Biscayne, Fla.-based asset-backed securities shop, which specializes in secondary trading of distressed ABS and CDOs. Both will report to Devaney. The positions are newly created in response to an increase in trading activity at the firm.
Kestenberg will start tomorrow. He joins from Canyon Capital Advisors in Beverly Hills, Calif. where he was a CDO analyst, reporting to Chris Evensen, managing partner. Calls to Evenson seeking comment on a replacement were not returned.
Finnk started two weeks ago. He joins from AIG Global Investment Corp. where he was a CDO analyst, reporting to Deborah Gero who heads the CDO group. Calls to Gero were not returned by press time.