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Securitization People and Markets

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  • Rob Karen, formerly a salesman at Bear Stearns, has joined Natixis. As first reported on Credit Investment News' Web site, he started last Monday and reports to Jeff Knowles, head of syndications.
  • A partnership between Johnson Capital, a real estate investment bank, and Miller Frishman Group, an advisory and brokerage firm, has launched Johnson Capital Special Servicing.
  • A $225 million investment this week in Amherst Holdings will allow the U.S. residential mortgage-backed securities specialist to exploit emerging opportunities in research and risk management within the ailing mortgage sector.
  • The Bank of New York Mellon is set to acquire JPMorgan Trust Bank in Japan.
  • Christian Wait, global head of credit sales at Lehman Brothers, has been named head of capital markets at Standard Chartered.
  • Cambridge Place Investment Management has scooped up ex-Morgan Stanley asset-backed securitization head, Steve White, as its chief investment officer in London.
  • Joe McGrath, formerly head of U.S. high-yield debt capital markets, syndicate and distribution at Barclays Capital, and Michael Konigsberg, formerly global head of leveraged finance at Lehman Brothers, were named in a memo earlier this week as the heads of leveraged finance.
  • ICP Capital, the boutique New York financial service firm, has added to its trading and advisory platform headcount as business has grown in both areas.
  • HBOS’ £500 million ($730 million) Permanent Master Issuer 2008-2 was named European Securitization Deal of the Year last night at the Fourth Annual Global Derivatives and European Securitization Awards.