CMBS

  • Job swaps weekly: Kirkland names two new partners

    People moves and key promotions in securitisation

    This week’s roundup of securitisation job swaps sees Kirkland & Ellis hiring two partners for its structured finance and structured private credit practice. Elsewhere, NPL Markets has made two senior appointments to its team, while Piper Sandler has named a new head of structured products trading.

    Kirkland & Ellis has hired Jared Axelrod and Suril Patel as partners .......

    Market Moves 25 October 2024

  • Job swaps weekly: MidOcean boosts capital formation capabilities

    People moves and key promotions in securitisation

    This week’s roundup of securitisation job swaps sees MidOcean Partners strengthen its ranks with the appointment of Jon Fox as global head of capital formation. He brings several decades of leadership and alternative asset management experience that will help to expand the firm’s investor relationships globally.

    Fox was formerly president of Värde, having joined that firm nearly 11 .......

    Market Moves 18 October 2024

  • Job swaps weekly: KBRA rings the changes

    People moves and key promotions in securitisation

    This week’s roundup of securitisation job swaps sees KBRA making multiple senior structured finance appointments including a new global head of ABS and RMBS. Elsewhere, a c-suite executive at PACE Funding Group has left the firm and transitioned away from structured credit with a move to Greenday Finance, while specialty finance company Encina Lender Finance has made two senior .......

    Market Moves 11 October 2024

  • Job swaps weekly: Blackstone lures two new partners

    People moves and key promotions in securitisation

    This week’s roundup of securitisation job swaps sees Blackstone adding two new partners to its infrastructure and asset-based credit platforms. Elsewhere, ING has hired an industry veteran as head of asset securitisation for wholesale banking in APAC, while Castlelake has strengthened its existing European leadership with the appointment of a new partner.

    Blackstone is expanding its infrastructure and .......

    Market Moves 4 October 2024

  • Job swaps weekly: Toorak and Merchants parent names new coo

    People moves and key promotions in securitisation

    This week’s roundup of securitisation job swaps sees Roemanu hire a former Finance of America Home Improvement president as its new coo. Elsewhere, Redding Ridge Asset Management has elevated a senior director to ceo in order to lead its CLO management businesses globally, while Cushman & Wakefield has appointed a co-head of EMEA equity, debt and structured finance.

    Market Moves 27 September 2024


  • Job swaps weekly: EIF exclusive

    People moves and key promotions in securitisation

    This week’s roundup of securitisation job swaps sees SCI exclusively reveal that the European Investment Fund’s chief investment officer is retiring from his role after almost three decades with the fund. Elsewhere, Performance Trust Capital Partners has poached three executives from Pagaya, while ELFA announces its ceo is to step down from her role.

    Alessandro Tappi is to .......

    Market Moves 20 September 2024

  • Breaking regulatory chains

    Calls for reform intensify as industry pushes to fuel growth and fund Europe's green transition

    The European securitisation market is “far too small and illiquid,” according to a recent report from True Sale International (TSI) and the Association of German Banks (BdB). The scale of the challenges could be having a negative impact on vital innovation across the continent’s economy.

    The report, titled ‘A strong, competitive Europe: unlocking the potential of securitisation’, underscores .......

    News Analysis 19 September 2024

  • Silver lining

    Optimism around strong growth in RMBS and ABS at S&P conference

    Market participants shared widespread optimism at S&P Global Ratings' European Structured Finance conference, buoyed by robust growth and the resilience of the European and UK ABS and MBS markets. Despite global economic challenges, issuance in these markets is experiencing strong momentum, performing even more favourably than 2023.

    Panellists and attendees at the event noted that the primary beneficiaries .......

    News 13 September 2024

  • Job swaps weekly: Chatham AM appoints four for new CLO management team

    People moves and key promotions in securitisation

    This week’s roundup of securitisation job swaps sees Chatham Asset Management establishing a CLO management business with four key hires. Elsewhere, Freddie Mac has selected a new ceo, while Arini has named a CLO portfolio manager to replace Evangeline Lim, who is retiring from the industry.

    Chatham Asset Management has established a CLO management business - called CTM Asset Management – with .......

    Market Moves 13 September 2024

  • Off to a flier

    Busy week points to standout September for European and Australian ABS and MBS

    As the third quarter of 2024 winds down, September is shaping up to be a standout month for the European and Australian ABS and MBS markets. According to a recent JP Morgan report, the ABS market roared back to life in the first week of the month, following a volatile August marked by recession risks and central bank uncertainty.

    News 10 September 2024


  • Job swaps weekly: The 'Art' of launching

    People moves and key promotions in securitisation

    This week’s roundup of securitisation job swaps sees two industry veterans join forces to launch Art Capital, a structured finance advisory business. Elsewhere, Citi has boosted its Oceania operation with a new head of asset-backed securitisation, while Cushman & Wakefield has hired a head of capital markets for the Americas from Five Horizons Partners.

    Stuart Blieschke and Tim .......

    Market Moves 6 September 2024

  • SCI In Conversation Podcast: Mike Nowakowski, Conning

    We discuss the hottest topics in securitisation today...

    In this episode of the SCI In Conversation podcast, SCI US editor Simon Boughey speaks to Mike Nowakowski, md and head of structured products at Conning, about esoteric ABS and both the agency and non-agency MBS markets. Nowakowski discusses what attracts him to the esoteric space; the type of esoterics that currently offer the most value; potential upcoming tailwinds .......

    News Analysis 3 September 2024

  • Job swaps weekly: Norton Rose Fulbright adds Paris-based partner

    People moves and key promotions in securitisation

    This week’s roundup of securitisation job swaps sees Norton Rose Fulbright adding a partner to its banking and finance practice in Paris. Elsewhere, CBRE has lured a new executive director to its European debt and structured finance team from Rothesay, while Alantra has appointed a structured-finance-focused senior advisor.

    Norton Rose Fulbright has strengthened its banking and finance practice .......

    Market Moves 30 August 2024

  • CLO analytics firm eyes private credit

    Market updates and sector developments

    Siepe has raised US$30m in a Series B funding round led by WestCap, which will drive a multi-product roadmap, including the expansion of the firm’s AI and machine learning capabilities. In conjunction with the new funding, Siepe has appointed Mark Schultis – who joined the firm as an advisor in October 2023 – as president.

    The Siepe team .......

    Market Moves 22 August 2024

  • CRE analytics tie-up agreed

    Market updates and sector developments

    SitusAMC has entered into a strategic partnership with CMBS.com, the owner of Backshop, a commercial real estate loan origination, management and servicing software platform. As part of the partnership, SitusAMC will transition ownership of CLOSER - its CRE origination system – to CMBS.com, provide growth capital and obtain a minority ownership position in CMBS.com. Additionally, SitusAMC will onboard the .......

    Market Moves 20 August 2024

  • Rock-solid July for primary ABS market

    Low volatility and strong investor appetite lure new issuers

    The primary ABS market remained robust in July despite the typical summer slowdown, with strong issuance and investor demand across various sectors, according to monthly European and UK factsheets monitored by SCI.

    Amundi’s portfolio managers observed significant activity in July, particularly among new ABS issuers capitalising on the relatively low market volatility and high investor appetite. “These transactions .......

    News 20 August 2024

  • Job swaps weekly: New Cayman structured finance chief for Maples

    People moves and key promotions in securitisation

    This week’s roundup of securitisation job swaps sees Maples and Calder naming a new head of its Cayman Islands structured finance practice. Elsewhere, Scotiabank has staffed up for the launch of its new Houston-based mortgage capital markets business, while an ex-Stout md and co-lead of structured credit has taken up a C-suite role at Unifi Asset Management.

    Maples .......

    Market Moves 16 August 2024

  • Data centre securitisation: Growing in waves - video

    S&P Global Ratings' Jie Liang speaks to SCI about data centre securitisation

    .......

    News Analysis 14 August 2024

  • JHG bolsters private credit capabilities

    Market updates and sector developments

    Janus Henderson Group has entered into a definitive agreement to acquire a majority stake in Victory Park Capital Advisors (VPC). With a nearly two decade-long track record of providing customised private credit solutions to both established and emerging businesses, VPC complements Janus Henderson’s securitised credit franchise and expertise in public ABS markets.

    Founded in 2007 by Richard Levy .......

    Market Moves 12 August 2024

  • Job swaps weekly: Blackstone names new head of international at BXCI

    People moves and key promotions in securitisation

    This week’s roundup of securitisation job swaps sees Blackstone appointing a new head of international for Blackstone Credit & Insurance (BXCI). Elsewhere, Paul Hastings has lured a structured finance partner from Weil, Gotshal & Manges, while Milbank has added a number of Latham & Watkins professionals to its alternative investments team, including a new partner.

    Blackstone has named .......

    Market Moves 9 August 2024

  • Australian ABS branches out

    IFM Investors' Wanigasekera shares insights on growth and diversification in Australian ABS market

    Diversification and growing interest from global investors are fueling innovation in the Australian ABS market, according to Hiran Wanigasekera, co-head of diversified credit and debt investments at IFM Investors. 

    Since 2021, IFM Investors, with approximately €6bn in securitised assets, has significantly diversified its focus from primarily RMBS to a broader range of ABS. "We have expanded a lot .......

    News Analysis 7 August 2024


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