Sector developments and company hires
Pretium strengthens resi credit capabilities
Sarah Kong, Andrew Miller and Peter Morreale have joined Pretium as mds, based in New York. Kong will be responsible for mortgage whole loan trading at Pretium and joins from Goldman Sachs, where she spent 15 years in the firm's mortgage business. Miller was previously at Fortress Investment Group and will be responsible for the buildout of Pretium's MSR investment strategy, as well as the expansion of its Ginnie Mae early buyout investing capabilities.
Morreale was previously at Cadwalader, Wickersham & Taft, representing issuers, underwriters and servicers in connection with public and private finance transactions within the residential mortgage, single-family rental, consumer loan and CLO asset classes. In his new role, Morreale will assist with the structuring, negotiation and execution of capital markets transactions across the Pretium business.
In other news…
EMEA
Mount Street has appointed Jaymon Jones head of CRE primary servicing. He has 20 years’ experience in CRE servicing and portfolio management, having previously worked at Hatfield Philips, Morgan Stanley, CREFC Europe and most recently Trimont, where he was an md.
North America
KopenTech has recruited Jill Scalisi as chief engagement officer, responsible for business development, launching new products and overseeing the firm's platform growth and sales efforts. Scalisi brings over 20 years of experience leading the development and implementation of new financial product lines at several global investment banks, including Nomura Securities, where she built and managed credit sales businesses in New York and Boston, following the firm’s acquisition of Lehman Brothers. Before that, Scalisi was co-head of credit derivatives and CDO product management at Lehman Brothers, having begun her career at Chase.
Lakemore Partners has hired Dan Norman as md and head of its US business operations. In this role, he will focus on growing Lakemore's investment platform globally from its recently established US office in Scottsdale, Arizona.
Norman joins Lakemore following his retirement last year from Voya Investment Management, where he most recently served as group head and senior md. Previously, he founded Voya's senior loan group in 1995 and co-managed the firm’s global loan platform, including its global CLO business.
