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Morgan Joseph has hired David Vegh as v.p. in structured product sales in Baltimore, Md.
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Chicago-based alternative investment firm Simran Capital Management has named two senior portfolio managers to augment its non-investment grade fixed-income portfolio management team.
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Raoul Cassen, a structured credit sales staffer at Royal Bank of Scotland in London, is reportedly set to join Goldman Sachs shortly.
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Mike McBain, head of global debt markets overseeing structured products for RBC Capital Markets in Toronto left the firm April 3.
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New York-headquartered equity and equity options shop Bay Crest Partners is ramping up to buy and sell bonds for its clients, starting with structured products and eventually expanding to other sectors.
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SecondMarket, a centralized marketplace for illiquid assets, has developed a new auction format to encourage bidding on mortgage-backed securities and collateralized debt obligations.
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New York-based hedge fund Seer Capital Management plans to launch in May a fund to access the nonrecourse lending from the Federal Reserve Bank of New York’ Term Asset-Backed Securities Loan Facility.
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Neil McPherson, managing director at NewOak Capital, is headed for Markit.
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Trader Courtney McAllister has left BNP Paribas for a position with Bank of America's credit trading team. McAllister joins the New York office as a senior trader, covering U.S. financials credit trading.