People moves and key promotions in securitisation

This week’s roundup of securitisation job swaps sees M&G Investments luring a former Barclays structured finance veteran from Pimco to take on the role of director. Elsewhere, Avenue One has added senior hires to its real estate capital partnerships and alternative capital partnerships teams, while Pinsent Masons has hired a new securitisation partner. 

M&G Investments has appointed Pimco executive vice president and former Barclays veteran Rob Scott as a director on its structured credit team. The new recruit will be based in the asset manager’s London office and will report to head of structured credit James King.

Scott leaves Pimco after two years with the firm, during which he led its European loan portfolio asset management team. He previously spent 15 years with Barclays across two spells, leaving his role as managing director in the securitised products division in 2021. 

In his new role, Scott will focus on originating, structuring, analysing and executing deals for M&G’s specialty finance and its mortgage and consumer income strategies. The appointment comes shortly after the firm held a £266m final close for M&G Specialty Finance Fund II, which is actively managed and invests in portfolios of performing residential mortgages and consumer loans in European OECD countries.

Meanwhile, Avenue One, the single-family-rental-focused real estate marketplace for institutional investors, has hired Brent Elkins and Jeremy King as head of real estate capital partnerships and head of alternative capital partnerships respectively. 

Elkins left his role as md and head of fundraising at Beacon Capital Partners after seven years with the business in May. He previously had stints at BlackRock and Colony Capital and is based in Boston. King is based in New York and leaves his role as md and head of business development at Insight Investment after eight and a half years with the asset manager. He previously worked at Guggenheim Partners, Unigestion and Man Group.

Mayer Brown’s Harjeet Lall has joined Pinsent Masons as a finance and restructuring partner, working out of its London office. Lall specialises in structured finance and securitisation, and leaves her role as senior associate and co-chair of the India practice at Mayor Brown after four years with the firm. She previously worked at Axon Partners, Latham & Watkins, JP Morgan and White & Case.

Sterling Capital Management has hired former Wells Fargo Securities stalwart John McElravey as executive director and senior fixed income analyst in its structured products division. McElravey will be based in Charlotte, North Carolina, and joins Sterling from the Federal Reserve Bank of Boston, where he spent two and a half years. Prior to that, he spent 14 years working on ABS and MBS at Wells Fargo, leaving his role as md in the fixed income and credit division in early 2021.

Real estate and credit manager Angelo Gordon has appointed Barings’ Maja Lindstrom as md in its client partnership group, as the firm looks to expand its client base in northern Europe. Lindstrom leaves her role as md for EMEA business development at Barings after seven years with the manager. She previously worked for Babson Capital Management, Armajaro Asset Management and Storm Capital Management.

Canadian law firm KRB has appointed Lavery Avocats’ Stéphane Martin as a senior member of its banking and finance group, working out of its Quebec City office. Martin leaves his position as an associate in the business law team at Lavery after three years with the firm and previously spent 19 years at Cain Lamarre.

Rome-headquartered law firm Gianni & Origoni has hired Chiomenti’s Alessio Palumbo as counsel focusing on structured finance. Palumbo joined Chiomenti from Orrick, Herrington & Sutcliffe at the beginning of 2020 and was promoted from senior associate to counsel in early 2022.

CBRE has appointed Merricks Capital’s Ben Fletcher as director in its debt and structured finance team. He will be based in the firm’s Melbourne office and will focus on Australian agriculture and commercial real estate. Fletcher spent two years at Merricks, where he was promoted from business development manager to director in April 2022. He has previously worked for ANZ, National Australia Bank and KPMG.

Joe Ellis-Grewal has joined Mount Street Group from Global Loan Agency Service (GLAS), working out of its London office as an executive director reporting to md Serenity Morley. Ellis-Grewal leaves his role as head of UK business development at GLAS after five years with the company. He previously had a nine-month spell as a professional cricketer, playing for Essex County Cricket Club.

And finally, Trustmoore, the fund and structured finance service provider, has appointed Fisher Investments’ Maria Natasha Kaae as senior compliance officer for structured finance and capital markets. Kaae will be based in London and joins after four years as a legal and compliance analyst at Fisher. She previously spent two years at Pinsent Masons.