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Securitization People and Markets

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  • W.R. Huff Asset Management has hired Michael Del Priore and Gina Strum to help raise assets for a distressed/credit opportunities fund.
  • Won Choi, head of European credit sales at London-based boutique StormHarbour Partners, has left the firm 16 days after joining to work for hedge fund manager Lucidus Capital Partners.
  • StormHarbour Capital has hired George Tzigiannis to trade asset-backed securities in the financial services firm’s London office.
  • Citadel Securities has added three more credit traders to its growing team in New York. Tom McCreary and Jeff Dorman join from Merrill Lynch, while Nathaniel Morse comes aboard from Citigroup.
  • London-headquartered advisory-broker Execution has expanded its asset-backed securities sales and consulting team with two recent hires.
  • Greg Branch, managing partner with Scio Capital, plans to invest in European asset-backed securities, collateralized debt obligations and credit default swaps when his new fund starts trading soon.
  • Barclays Capital has added to its Tokyo-based credit trading team with the appointment of Tetsuya Ukai and Takahisa Fujiki as a director and v.p., respectively.
  • Marina del Rey, Calif.-based broker-dealer 12th Street Capital has hired Kane Lee to sell and trade agency collateralized mortgage obligations.
  • Financial services boutique StormHarbour Partners plans to open a Singapore office by the end of the year and is in the exploratory phases of starting up a Hong Kong branch.