Standard & Poor's has hired Ellen Collins as senior collateralized debt obligation analyst for its CDO manager focus group, which is headed by Mark Gaw, associate director. Collins joins as associate director. She started last Thursday. The position is newly created as the group is expanding (BW, 10/13). Gaw says the addition of Collins brings the number of analysts who work under his supervision to three. He says that he will be adding a fourth by the end of this quarter. The group provides reports on CDO collateral manager's performance relative to their peers.
Collins joins from Fried, Frank, Harris, Shriver & Jacobson, a law firm that has served as counsel for the structuring of more than 100 CDOs or credit-linked deals. She advised clients on structuring CDOs and structured investment vehicles in New York. Collins could not be reached for comments. It could not be determined to whom she reported. Deborah Lipton, a spokeswoman at Fried Frank, did not return calls. Prior to Fried Frank, Collins was a lawyer at Skadden Arps.