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Securitization People and Markets

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  • More than half the team at Vienna-based collateralized debt obligation manager Omicron Investment Management could be let go after a manager termination event was triggered by the departure the fund’s two founders a few weeks ago.
  • JPMorgan’s structured credit group is under the new leadership of Philippe Roger, Yale Baron and Oldrich Masek following the departure of former head Brian Zeitlin.
  • Kevin Latimer, head of loan sales at UBS, left the bank last week and is heading to Highland Capital Management in Dallas.
  • Sandelman Partners has tapped a new head of structured products.
  • Mark Adelson has joined Standard & Poor’s as a managing director and chief credit officer. The rating agency has also named Clifford Griep executive managing director of ratings risk management and Neri Bukspan as managing director and chief quality officer.
  • ABN AMRO and The Royal Bank of Scotland are rethinking the creation of a new structured credit and alternatives business.
  • Arne Groes, global head of financial markets trading at ABN AMRO in London, left the bank last week.
  • Kevin Latimer, head of loan sales at UBS, left the bank today and is heading to Highland Capital Management.
  • Attorney Prassana Mahadeva has founded Mahadeva, PLLC, a New York-based boutique law firm focusing on distressed situations and creditors' rights.