Career moves

Allen & Overy has added a team of five partners specialized in leveraged financings to its New York office.

Bank United in Miami Lakes, Fla., has appointed two former Capital One Financial executives to lead its new equipment and franchise finance subsidiary.

Spruce Finance, a provider of consumer financing for residential solar and home efficiency improvements in the U.S., has hired Darren Thompson as chief financial officer.

Ocwen Financial Corp. in West Palm Beach, Fla., will lay off 120 employees as part of a plan to reduce costs

Thomas Humphrey was most recently head of Deutsche’s corporate banking and securities for the Americas, and was chief executive of Deutsche Bank Securities. He joined Deutsche in September 2014, following a stint as a partner at GoldenTree Asset Management where he led business development.

Deloitte & Touche recently named two co-leads for the CLO services unit of its securitization practice, Hillel Caplan and Lynda Lazzari.

Greystone, a commercial real estate lending, investment and advisory company, is adding two executives to a mortgage bond lending team.

One of the biggest challenges in putting new CLO deals together has been the decline in the number of buyers of CLO debt. Justin Plouffe, managing director of U.S. and European CLOs at The Carlyle Group, discusses the means to which managers must adapt to market direction.

Winston & Strawn said this week that veteran financial services attorney Keith Andruschak has joined the firm’s corporate practice as a partner in New York.

A trio of private commercial mortgage veterans announced the launch of Shelby Funding in Boca Raton, Florida.