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Securitization People and Markets

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  • Hoare Capital, a London-based boutique brokerage, is looking to expand its asset-backed securities team with a senior ABS sales hire by the end of October.
  • Vertical Capital Solutions, a New York-based advisory company, has brought on Jason Howell as a partner.
  • James Simeons has joined Fitch Ratings as the senior director for asset-backed securities business development in Europe, the Middle East and Africa.
  • Vining Sparks, a Memphis, Tenn.-headquartered broker-dealer, is gearing up to hire up to 18 mortgage-backed securities salesmen for its New York office.
  • Nomura Securities International has hired Mehul Shah as a collateralized mortgage obligation trader in the firm’s New York office.
  • Pius Sprenger, London-based head of asset-backed securitization trading with Deutsche Bank, has also taken over as head of ABS and collateralized debt obligation trading.
  • The new asset-backed securities banking group at the PrinceRidge Group will focus on specialty finance companies and most likely subordinated debt.
  • A group of executives from Argent Funds has formed Raven Rock Capital, a corporate credit relative value shop. Its primary focus will be cash bonds, but equity derivatives will be deployed as will credit derivatives.
  • Romeo Uyan, head of Asia Pacific credit trading at Barclays Capital, has left the firm.