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Securitization People and Markets

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  • Broadpoint Capital announced Doug Colandrea joined the firm as a managing director in the debt capital markets division responsible for research in the telecom, cable, media and entertainment sectors.
  • The Seaport Group has added a mortgage-backed securities trader to its structured products desk.
  • Jason Moynihan, head of U.S. par loan trading at Barclays Capital, stepped down yesterday and his role has been assumed by Peter Schellbach, head of distressed trading.
  • A group of structured products and equity derivatives lawyers have left McKee Nelson in New York to join the securities and structured finance team at U.K. firm Ashurst in its New York and Washington, D.C., offices.
  • Tim Houghton, senior v.p. of product development and Liesel Distelhorst, assistant v.p. of business development, left LaSalle Global Trust Services earlier this month.
  • Beacon Capital Markets has hired four sales professionals to market the firm’s electronic trading platform for mortgage-backed securities and to build client relationships in the fixed-income space.
  • Structured finance asset manager Six Degrees Capital Management has wound down its business and its former members are headed in new directions.
  • Two UBS structured finance executives have left the bank.
  • Andrew Frank has joined FSI Securities, the broker-dealer affiliate of FSI Capital, a New York-based investment advisor.