Sector developments and company hires

Maples Group has announced the hire of two new structured finance professionals, expanding its offering in its London and Jersey offices. Emma Tighe will join the firm in its London office as vp, having spent more than 14 years working in structured finance and most recently serving as relationship manager on the US Bank CLO team. Tighe has expertise across securitisation and structured debt capital markets, and has expertise across multiple SPVs, including CMBS, RMBS, social housing bonds, student loans and aviation leasing.

The second new addition, Jodie Gray, will also be joining the firm as vp, and will be based in its Jersey office. Gray has over 25 years of experience in financial services, 16 of which were spent at wealth structuring group, VG, where she served most recently as associate director. Gray will work as a resident director in Jersey across private equity, real estate, and structured finance transactions.

In other news…

EMEA

Jacob Binnema has joined MUFG’s EMEA securitised products and supply chain finance team as head of public securitisation Europe. Based in Amsterdam, Binnema will focus on originating transactions with issuers to be distributed in the public securitisation market, on which the firm is acting as arranger or underwriter. He was previously head of ING’s structured solutions group in Germany and before that worked at Rabobank and ABN AMRO.

Man GPM has appointed new co-heads of its credit risk sharing business – Matthew Moniot and Jonathan Imundo. With over 40 years of experience in alternative asset management and banking between them, the pair have been recruited to increase the firm’s existing private credit offerings. Moniot joins Man GPM from Elanus, of which he was a founding member in 2010, where he served as cio and became one of the first specialised asset managers in the CRS market. He will utilise this expertise in his new role, where he will be responsible for managing the firm’s new CRS strategy from its London office. Imundo will also be joining the firm from Elanus but will maintain his position there as president and head of client solutions, alongside his new role at Man GPM based in New York. As co-head, Imundo will concentrate on business development and work closely with the sales team and clients to build new CRS solutions.

North America

Blue Owl Capital is set to acquire Wellfleet Credit Partners from Littlejohn and Co affiliates. The firm announced that it has entered into a definitive purchase agreement and is expecting to close on the transaction next month. Wellfleet currently has US$6.5bn in assets under management across a total of 16 CLOs, and is led by leveraged finance experts, Scott McKay and Dennis Talley. The Wellfleet team will report to Blue Owl co-founder and senior md, Craig Packer, with McKay and Talley continuing on as lead portfolio managers of the platform as part of the firm’s Rock division.