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Securitization People and Markets

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  • Jefferies & Co. has hired three mortgage-backed and asset-backed securities institutional sales professionals, bringing the group’s headcount to 50 from 12 last April.
  • Pat Augustine has joined Swiss Re in New York as its head of structured credit and securitized products.
  • Chris Jacobs, an ex-secondary salesman at JPMorgan, has joined Los Angeles-based Imperial Capital.
  • New York-based securitized products hedge fund Seer Capital Management is making three new hires in analytics and technology.
  • Collateralized loan obligation expert Joe Moroney has resurfaced at Apollo Management.
  • Clifford Chance has hired former Bear Stearns lawyer Gregory Sandler as it grows its debt trading practice to accommodate the increased need for distressed debt and bankruptcy claims trading experience.
  • New York-based interdealer broker BGC Partners has hired Deval Bhalja for cash and synthetic collateralized debt obligation sales.
  • Dealers at Bank of America and Merrill Lynch began to integrate trading today following the completion of the Charlotte, N.C.-based bank’s takeover of Merrill Jan. 1.
  • George Washington University's endowment is planning a move into traditional fixed income for the first time in five years.