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Securitization People and Markets

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  • Jon Calder and Mickey Brennan, former heads of credit sales at Citigroup, are heading up a new advisory firm focusing on balance sheet restructurings.
  • Cohen & Co. has named John McWilliams, a former Credit Suisse asset-backed securities boss in the U.S., as managing director and head of asset finance and specialty finance with the investment firm’s institutional broker-dealer.
  • Primus Asset Management, an affiliate of Bermuda-based Primus Guaranty, has hired John Chrystal as a consultant to look at sister company Primus Financial Products, which writes credit default swaps.
  • Law firm Brown Rudnick is working with Further Lane Securities on an idea it hopes will help restart the securitization market.
  • Cohen & Co. has named John McWilliams, a former Credit Suisse asset-backed securities boss in the U.S., as managing director and head of asset finance and specialty finance with the investment firm’s institutional broker-dealer.
  • New York-based Keefe, Bruyette & Woods has hired two veteran mortgage-backed securities traders to strengthen its MBS trading team.
  • FSI Capital has named Andrew Phelps, global head of the collateralized debt obligation syndicate at Merrill Lynch, president of its broker-dealer subsidiary, FSI Securities.
  • Charlotte, N.C.-based alternative asset manager and structured finance advisory NIR Credit Partners, a division of NIR Group, has started a portfolio valuation and analytics service.
  • Fridson Investment Advisors is looking to add a senior investment professional to its three-person portfolio management team for its flagship credit strategy fund.