The fixed-income, currencies, and commodities (FICC) division of the Macquarie Group has expanded to include a commercial mortgage finance and CMBS team.

Randy Reiff will lead the new team, which adds mortgage origination, trading and securitization expertise to Macquarie’s existing focus on high-yield and distressed credit.

Aside from Reiff, who joins as managing director and head of the group, the team will include several industry veterans. Reiff was most recently president of Spartan Real Estate Capital and was also a global head of commercial mortgage finance and CMBS at JPMorgan and Bear Stearns.

Mark Lebowitz joins as  a managing director. He brings 17 years of experience in commercial real estate securitization and capital markets. Lebowitz was most recently director of capital markets also at Spartan Real Estate Capital. Before that, he was at JPMorgan and Bear Stearns where he was head of CMBS capital markets and new issue structuring.

James Conopask, Spartan’s former chief investment officer, joins as a managing director as well. He also has experience at JPMorgan and Bear Stearns, where he headed institutional credit for the firms’ large-loan commercial mortgage groups.

Simon Breedon joins as senior vice president. He was most recently with Spartan and was also a member of JPMorgan and Bear Stearns commercial mortgage finance groups’ institutional credit teams.

Matthew Weinstein, who was responsible for CMBS trading and investments at Spartan Real Estate Capital, will also join as a senior vice president. Weinstein was a senior member of Bear Stearns’ CMBS trading team.

Andrew Flack, who joins as an associate, also has experience at Spartan, JPMorgan, and Bear Stearns.

Macquarie’s FICC group specializes in fixed-income, commodities, and foreign exchange-related institutional trading, marketing, lending, and clearing.

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