Citadel Hires for Securitization

September 08, 2008, 3:32 p.m. EDT 1 Min Read

Citadel Investment Group made four senior hires in the mortgage and securitized products business.

Glenn Perillo joins the firm as head of securitized products research, reporting to Patrik Edsparr, head of global fixed income and CEO of Citadel Europe. Perillo was with BlackRock for 10 years, most recently with the portfolio management group where he specialized in residential mortgages.

Perillo led BlackRocks mortgage research and modeling initiatives, and had served as head of mortgage research and co-head of financial modeling at BlackRock Solutions.

Additional team members in Citadels mortgage business include three mortgage portfolio managers: Kevin Scherer, co-founder and formerpartner with Midway Group and was previously with Credit Lyonnais.

Brian McDonald, previously a managing director and senior portfolio manager with JPMorgans ABS principal investment group; and Rajan Dabholkar, who was most recently with Proxima Alfa Investments and also held positions with JPMorgan and Credit Suisse. All three portfolio managers will join Citadels securitized products team in New York, headed by Bill King.

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