Mitsubishi UFJ Securities (USA), part of Mitsubishi UFJ Financial Group, made three appointments to its structured products team in New York.
John Lennon joins as executive director, overseeing trading of asset-backed securities (ABS); Ann Tran joins as director, focusing on securitizations of auto loans and credit card receivables; and Eric Shea joins as a consultant with a focus on esoteric asset classes.
They add to the core ABS team, reporting to Tricia Hazelwood, managing director and head of structured products. Hazelwood joined MUS (USA) in 2013 after spending 16 years at Credit Suisse, most recently as global head of ABS.
Lennon has over 20 years’ experience as a trader. He joins from Crédit Agricole, where he was head of ABS trading. Previously, he ran ABS trading at JPMorgan, BNP Paribas, and UBS after starting his career as a trading assistant at Prudential Global Funding.
Tran has over 15 years’ experience working in asset finance capital markets and joins from Credit Suisse, where she spent the majority of her career to date. Her most recent role as director gave her sole responsibility for coverage of credit card, non-prime auto and peer-to-peer consumer loan sectors and joint responsibility for consumer installment and student loan sectors.
Shea has over 20 years’ experience in structured products, most recently as founder of Petolas Capital, an advisory firm to assist specialty finance companies in raising capital. His career also spans firms including UBS Securities, Deutsche Bank Securities, Prudential Investment Management, and Credit Suisse First Boston
Margolis Joins Nixon Peabody
Alexandra Margolis joins Nixon Peabody as partner in the firm’s commercial and structured finance practice.
Margolis specializes in leveraged domestic and cross-border financing transactions, including leveraged cash-flow and asset-based syndicated and bilateral credit facilities, acquisition financings, first- and second-lien facilities, repurchase facilities, investment fund financings, senior and mezzanine financings, and intercreditor arrangements.
She also has extensive experience representing clients in connection with debt restructurings, debtor-in-possession credit facilities and exit financings.
She joins Nixon Peabody from Skadden, Arps, Slate, Meagher & Flom.
“[Margolis] brings a wealth of experience and significant leveraged finance and banking knowledge to the team,” said Craig D. Mills, leader of Nixon Peabody’s commercial and structured finance practice in a press release. “She is a skilled and well-respected finance attorney with an impressive track record of advising top-tier clients.”
Eric Smith to Lead Situs’ West Coast Push
Situs, part of the Ranieri Partners Co. led by real estate industry veteran Lewis Ranieri, has appointed Eric Smith to lead its West Coast expansion, according to a company press release.
The company provides commercial real estate advisory services. Smith takes on the role of business development leader. He will develop new business opportunities and work with clients in liquidity, valuation, capital, financing, servicing, and investment.
Smith has over 25 years of business development experience. He joins Situs from Loan Value Group, where he served as a managing director focused on establishing sales strategies for a suite of products with senior executives of banks and real estate investment trusts.
He currently serves as an independent director at KBS Strategic Opportunity REIT, and is the chairman of the organization’s conflicts committee, as well as a member of its audit committee.