Carlos Mendez will lead the newly created structured finance group at Sandler O’Neill and Partners, the firm announced today.
Based in the firm’s New York headquarters, Mendez will arrange new term funding and alternative capital solutions, advise clients on current recapitalization requirements, and assist in further expanding the firm’s fixed income sales and trading business.
Mendez joins Sandler O’Neill from a position as senior managing director in the capital markets division at Institutional Credit Partners, where he led the expansion of broker dealer operations in the U.S. and Europe. He gained experience in fixed income securities transactions across a variety of assets, including residential mortgages, commercial real estate, consumer receivables, and structured credit. Before joining Institutional Credit Partners, he was a director in the structured finance group at Guggenheim Capital Markets.
Joshua Eaton, Andrew Mauritzen and Chris Howley, who have joined Sandler O’Neill as managing directors, will serve as the initial members of the structured finance group.
“With the banking system under continued duress and financial regulatory change forthcoming, the manner in which depository institutions operate is evolving rapidly,” said Alan Roth, principal and head of RMBS/ABS sales and trading. “As a result, companies reliant on bank funding will need to rethink how they finance themselves. With the establishment of our Structured Finance Group, Sandler O’Neill will be able to provide capital market solutions that facilitate growth and provide a competitive advantage for our clients.”
Sandler O’Neill and Partners is a full-service investment banking firm.