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Securitization People and Markets

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  • JPMorgan and Wells Fargo have committed an $8 billion unsecured credit line to Warren Buffett’s Berkshire Hathaway to help fund its buyout of the remaining stake of Burlington Northern Santa Fe.
  • Brian Yelvington has joined Knight Libertas as a director of fixed-income research and strategy.
  • Goldman Sachs has hired Ian Wolkoff to trade collateralized loan obligations.
  • Asset-backed securities and structured credit hedge fund Cannae Advisors has hired Peter Sheeran as a v.p. and asset-backed securities trader.
  • Marketfield Asset Management, a New York-based equity manager, is making its first foray into the fixed-income market via a newly formed commercial mortgage-backed securities fund.
  • CB Richard Ellis Loan Servicing has hired Paul Lloyd, head of Deutsche Bank’s European servicing and asset management unit, to head its new loan special serving team.
  • Calyon has tapped Christian Haller to lead covered bond origination globally for the bank.
  • Reza Ali, former managing director at Goldman Sachs, has founded Prosiris Capital Management and will launch its maiden fund early next year.
  • Word that Eric Rosen, head of credit trading at JPMorgan, is leaving the bank caught the market by surprise Friday morning.