Cheyne Capital appointed Nicolas Vocos as ABS analyst. The new hire will be responsible for modeling and analytics in Cheyne Capital's ABS group.
Previously, he was an associate in Deutsche Bank's structured credit products group, where he arranged and executed ABS on behalf of corporates, financial institutions, and governments in the U.K., Portugal, Greece and Spain.
He was responsible for pricing and executing acquisitions of nonperforming loans and was involved with risk management analytics and hedging of the RMBS/ABS proprietary portfolios.
Additionally, Cheyne also hired Stephen Best as partner and senior credit analyst.
In his new role, Best is responsible for financial and telecoms sectors in Cheyne's corporate credit team. The team has been headed by David Peacock and John Weiss since early 2002.
Before joining Cheyne Capital, Best was a director at UBS Principal Finance, where he served on the credit committee with responsibility for credit selection and ongoing portfolio monitoring of a major managed CDO program.