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Securitization People and Markets

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  • The American Securitization Forum is breaking its ties with the Securities Industry and Financial Markets Association and will now be fully independent and focus on its members and the securitization market.
  • Barclays Capital has hired Liz Padova Hanson as a managing director in its asset securitization origination business to lead the bank’s coverage of credit card issuers.
  • Insight Investment has appointed Adam Mossakowski as a credit fund manager within its fixed-income team.
  • DoubleLine, the asset manager founded by TCW’s former CIO Jeffrey Gundlach, continues to add to its ranks even as it faces a lawsuit from Gundlach’s former employer.
  • Steve Gandy, London-based head of securitization at Santander Global Banking, has been elected chairman of the Association for Financial Markets in Europe/ European Securitisation Forum.
  • Calyon has added Paul Brown and Howard Goldberg to its high-yield desk as a managing director and analyst, respectively.
  • TCW filed a lawsuit today against former CIO Jeffrey Gundlach and other former members of the fixed-income portfolio management team that accuses them of breach of fiduciary trust, appropriating proprietary data and lying to gain an unfair advantage over their former employer.
  • UBS has hired Jason Mann for its fixed-income syndication desk, which includes asset-backed securities.
  • Assured Guaranty has tapped Nicholas Proud, a London-based managing director in its structured finance division, to head the company’s international credit enhancement business.