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Securitization People and Markets

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  • BNP Paribas has tapped Olivier Cebelieu to be its new head of acquisition finance and loan structuring.
  • Alegra Capital, the Swiss asset manager that focuses on investments in leveraged loan asset-backed securities, has hired Markus Zeender as director of investments.
  • Robert Bayer joined Invesco's bank loan team as a v.p, senior credit analyst.
  • Steve Sterling, senior managing director, head of high-yield capital markets and loan sales at Bear Stearns, has left the firm.
  • Merrill Lynch Capital will be sold to GE, according to an official familiar with the situation.
  • Mizuho Securities has cut the majority of its U.S. collateralized debt obligation underwriting personnel, most of which the firm hired away from Calyon a year ago, and is now exiting the business.
  • Nomura in London has hired Deri Bainge, v.p. in structured credit sales to Germany and Austria at Bank of America, in a similar role.
  • Steve Sterling, senior managing director, head of high-yield capital markets and loan sales at Bear Stearns, left last Friday.
  • Jay Levine, ceo of global banking and markets North America at RBS Greenwich Capital Markets, will retire from RBS in March next year.