Westwood Capital and Westwood Capital Advisors hired John Ogle and Jasjit Singh to join their New York-based office as managing directors. The hires effectively expand the firms operations in fixed-income securities advisory, trading and management.
Ogle and Singh will head the firm's fixed-income advisory and trading practice departments. They have a combined almost 25 years of experience in trading, risk managing, structuring, modeling and valuing of complex structured securities.
Previously, Ogle was a proprietary trader at Morgan Stanley and, before that, he was at Deutsche Bank trading and managing a multibillion portfolio of CDS, CDOs, CLOs, CMBS, and ABS.
Singh was a proprietary structured credit trader at Lehman Brothers Principal Strategies. Prior to that, he was also at Deutsche as a risk manager
Both Ogle and Singh will be reporting to Managing Director Len Blum. Blum said that the new hires would advance the firms efforts to provide state-of-the-art fixed-income independent advisory services and trading. He added that the firm will be growing its financial institutions and structured finance areas over the next six months.
Westwood has increased its operations to keep up with the demands of distressed MBS, ABS, CDOs, CDS and other structured and derivative fixed-income securities, both cash and synthetic, for expert valuation, disposition and runoff administrative services.
The company is based in New York City and focuses on a number of areas, including securitization, debt/equity raising, CMBS and subprime, bankruptcy and corporate restructuring and more.