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Securitization People and Markets

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  • Sorin Capital has hired well-known commercial real estate executive Brian DiDonato from Capmark as a senior partner.
  • Etienne Varloot, a structured credit strategist at UBS in London, is leaving his research position covering credit derivatives to join the Swiss firm's principal finance unit.
  • Fitch Ratings will keep rating MBIA’s financial strength and debt ratings for the immediate future even though the guarantor asked the rating agency to withdraw the ratings both publicly and privately.
  • Wachovia Securities has created a new principal finance group to be led Tom Wickwire, head of structured products.
  • Capital Four Management has joined forces with Credit Suisse Asset Management to launch a fund to exploit the fallout from the credit crisis, according to sister publication Alternative Investment News.
  • Halcyon Asset Management's collateralized loan obligation operation will not be affected in the reverse merger with Alternative Asset Management Acquisition Corp.
  • Wells Fargo has stopped originating commercial real estate loans for securitization.
  • Laura Schwartz, the former head of collateralized debt obligations asset management at ACA Capital, has joined The Winter Group.
  • Calyon's Frederic Laine has been made head of fixed-income markets for Asia ex-Japan in Hong Kong.