Sector developments and company hires

US

Bay Crest Partners has bolstered its fixed income business with a trio of senior hires: Tadeusz (Ted) Jachowicz, Jatin Dewanwala and Greg Hackett. Jachowicz and Dewanwala previously ran Metacapital Management's structured credit effort, including portfolios of ABS, CMBS and RMBS. Hackett joins Bay Crest following five years at RBC, where he headed the firm's CMBS and CRE debt financing business.

Global Atlantic Financial Group has hired Anup Agarwal as deputy cio, responsible for leading its investing activities across all asset classes, including approximately US$60bn in credit, structured products, loans and real assets. Based in Global Atlantic’s New York office, he will report to Gilles Dellaert, co-president and cio of the firm. Agarwal has over 20 years of experience, most recently serving as head of residential, consumer and commercial credit at Western Asset Management, where he was responsible for managing more than US$60bn in structured products and structured credit strategies.

KeyBanc Capital Markets has appointed Warren Geiger as md, overseeing CMBS new issues and secondary market trading. Based in New York, he reports to Tom Goodrick, md and head of fixed income trading. Geiger most recently served as md and head of secondary CMBS trading at Société Générale, and before that was co-head of secondary market trading at Citi, having begun his career researching CMBS portfolios at AIG Global Investment Corp. Additionally, KeyBanc has hired Antonio Blasetti as a vp in the ABS trading space, while Patrick Carvell and Rob Salazar joined the firm’s structured products sales team. Based in New York, Blasetti was most recently at Brean Capital, where he was responsible for ABS trading and MBS sales. Carvell joins from Hunt Financial Securities and is based in Atlanta, while Salazar joins from Guggenheim Securities and is based in Chicago.

Walker & Dunlop has hired Todd Johnson to its debt and structured finance as svp. He will be based out of New Orleans and will be responsible for sourcing and placing structured finance capital for commercial real estate asset classes across the country. Prior to joining Walker & Dunlop, Johnson was director of equity products at Bellwether Enterprise Real Estate Capital.

Europe

Gide has promoted Guillaume Goffin and Nicolas Jean to partner. Goffin works within asset management and the transactional and regulatory aspects of financial transactions while Jean works in the projects division, financial and infrastructure, having previously worked in the structured finance team in Paris.

Hampshire Trust Bank (HTB) has relaunched its asset finance division as Specialist Business Finance, which includes a new specialist structured asset finance business line. Robert Still and Richard O’Brien have been recruited to lead the new business, joining from Amicus Asset Finance, where they served as director of business development and business development manager respectively. The pair are based in London and report to Jon Maycock, md of the Specialist Business Finance division. The structured asset finance business will focus predominantly on restructuring debts with a typical ticket size ranging from £250,000 to £2.5m.

JPMorgan has hired Denis Gardrat as md and head of credit structuring. He was previously European head of credit structuring at BNP Paribas.