People moves and key promotions in securitisation

This week’s roundup of securitisation job swaps sees Guy Carpenter launching a new capital and advisory group with the hiring of an industry veteran from Teneo Holdings. Elsewhere, Dentons has rehired a structured finance specialist from NuBridge Commercial Lending as partner, while McCarthy Denning has appointed a real-estate-focused structured finance specialist as partner.

Guy Carpenter has hired Alexander Schnieders from Teneo Holdings as global head of its newly formed capital and advisory group within its global capital solutions unit. Schnieders will be based in New York and report to Laurent Rousseau, ceo of Europe, IMEA and global capital solutions. The business said the new division will expand its offerings to c-suite clients and bring more capital to reinsurance risks.

Schnieders leaves his role as head of FIG, co-head of m&a and senior md at Teneo after eight years with the business. He previously spent four years at Perella Weinberg Partners and 11 years at Goldman Sachs.

Meanwhile, Dentons has rehired Penny Groel from NuBridge as a partner in its capital markets practice, based in Los Angeles. Groel works across agency and trust, structured finance, and corporate and securities law, with a particular focus on CLO transactions, whole business transactions, esoteric financings, asset and mortgage-backed securitisations, project financings and corporate debt issuances. 

She leaves her role as evp and general counsel at NuBridge after three and a half years. Groel previously spent a combined 25 years at Dentons and its predecessor firm Thacher Proffitt & Wood.

Conor Downey has joined McCarthy Denning as partner, specialising in structured finance and securitisation, with a particular focus on the financing, restructuring and securitisation of real estate and real estate debt. Most recently, he has been involved in privately placed capital markets transactions involving ground rents, social housing, renewables projects and other esoteric asset classes in the UK and Europe. Downey was previously a partner at iLS London, having led Paul Hastings’ real estate Europe practice before that.

Scotiabank’s real estate finance veteran Sacha Boxill has joined Petros PACE Finance as md for corporate development and strategic partnerships, based in New York. Boxill leaves his role as director for corporate banking – US real estate, gaming and leisure after five years at Scotiabank. He previously spent four and a half years at RBC Capital Markets and five and a half years at Bank of America.

Corbin Capital Partners has promoted Himesh Lad to partner, structured credit, based in New York. He was previously principal at the firm, which he joined in February 2017. Before that, Lad worked at Citi and MetLife.

Pankaj Soni has returned to Deutsche Bank as md, head of specialty finance, having worked there from 2011 to 2017 as a vp focusing on private credit and asset-backed lending. Between his stints at Deutsche Bank, Soni was an md at Goldman Sachs in London.

And finally, the African Development Bank has promoted Max Magor Ndiaye to senior director of syndications in its African Investment Forum and client solutions arms. Ndiaye, who is based in Abidjan, Ivory Coast, has experience across structured finance, risk management and capital markets. He joined the bank in 2009 and previously worked at the International Finance Corporation and Wachovia Corp.

Corinne Smith, Kenny Wastell