Sector developments and company hires
Greystone has announced several new senior hires as it continues to grow its CMBS platform. Jared Noordyk and Natalie Grainger will be joining the firm as head of securitisation and cco, respectively, and will report to head of CMBS, Rich Highfield Noordyk will join the firm from SitusAMC, where he served in a senior role for its CRE Advisory group working on securitisation and debt diligence. Grainger will join from Deutsche Bank, where she managed CMBS executions for over a decade. The pair will lead the platform’s proprietary conduit execution strategy for both multifamily and commercial assets.
In other news…
EMEA
Aeon Investments has recruited Khalid Khan to join its investment team as md. Khan has extensive experience, having previously worked at Pearl Diver Capital, Deutsche Bank and most recently Federated Hermes International. He joins the credit-focused investment company from Federated Hermes, where he managed structured credit portfolios including regulatory capital trades and CLOs as a senior credit structure. In the new role, Khan will manage existing credit portfolios in commercial real estate and SME lending, while also maintaining responsibility for originating and structuring new investments.
North America
IHS Markit has announced a partnership with Alpha Financial Software in a move to enhance trade support and add automated clearance and settlement for US agency MBS. Accessible through the thinkFolio investment management platform, IHS hopes the software will aid efficiency and thus allow for easier access for investors to the administration-heavy yet liquid segment of the fixed income market. The software will be integrated with the Alpha’s existing TBA Mortgage Master programme, which currently offers STP capabilities and automated workflows for US MBS.
