Greenwich, Conn.-based Greenwich Capital Markets will be opening a branch in San Francisco, devoted to the sale of mortgage-backed and asset-backed securities. Phil Marinovich, formerly of ABN Amro and Paul Longinotti, formerly of Deutsche Bank have been hired as vice presidents of ABS sales. They will report to Anthony Schepis, managing director and head of ABS sales for the company. "We don't necessarily see the business specifically growing out in the west, it's just that we're looking to provide more access to our clients and to be a greater presence in the region," said Schepis. "We're confident that having the San Francisco office will be a great help in terms of the distribution of our products. Adding additional products in the future is something we will also look at."
Tomislav Goles, a former Salomon Brothers senior software engineer who helped design and implement the company's MBS system, joined Clearwater, Fla.-based quantity equity fund manager Advanced Investment Technology Inc. as a senior research analyst. Goles will be responsible for advancing AIT's systems and building new research tools to enhance investment solutions.