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Securitization People and Markets

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  • Stroock & Stroock & Lavan has hired three lawyers Brown Rudnick Berlack Israels for its structured finance practice.
  • Credit Suisse has lost four members of its European real estate finance securitization team within the last week.
  • Bear Stearns is considering setting up a capital markets office in the Middle-East with Dubai or Bahrain as likely candidates, said a source close to the situation.
  • Jim Judd, head of Wachovia’s mortgage business, will retire at the end of this year. He will be replaced by David Pope.
  • CirclePoint Asset Management is looking for a collateralized debt obligation portfolio manager.
  • Bank of New York is set to make five new hires within its master servicing business, Patrick Tadie, head of global structured finance, told TS.
  • Deutsche Bank has boosted its mortgage-backed securities group with the addition of five new hires, including two heads of research.
  • JPMorgan has hired Julien Lefebvre, v.p. in European cashflow collateralized debt obligations at SG Corporate & Investment Banking in London, where he structured cash and synthetic transactions.
  • Jefferson National Financial is reportedly starting up a hedge fund and collateralized debt obligation management business.