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Securitization People and Markets

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  • U.K. law firm Eversheds has added a new partner to expand its structured finance practice in the property sector. Daniyal Ansari will work closely with real estate finance chief Nick On and real estate investor head Bruce Dearon to that end. He joins from Freshfield Bruckhaus Deringer, where he was a senior associate in the banking group.
  • PNC Financial Services has hired Diana Reid from Beekman Advisors to head PNC Real Estate Finance.
  • Moody's Investors Service does not think in most cases the absence of covenants alone warrants a one notch decrease in its ratings.
  • Baker & McKenzie is looking to add recruits to its offices in London and Moscow to deal with an increased flow of securitizations from Commonwealth of Independent States countries.
  • Hunton & Williams has hired Steven Becker and Leon Kelly as partner and associate respectively for its asset securitization practice in New York, tying into the Richmond, Va.,-based law firm’s plan to expand in the Big Apple.
  • HSBC has hired David Nunez to be an asset-backed commercial paper conduit administrator.
  • Fitch Ratings has made two hires for its student loan asset-backed securities team.
  • Lehman Brothers has hired longtime commercial real estate executive Sheridan Schechner from J.P. Morgan Chase.
  • Société Générale Corporate & Investment Banking has beefed up its European cash collateralized debt obligation effort by hiring Peter Melichar as v.p. of CDO origination and structuring.