ABS veterans Robert Riviere and Paul Jenison have formed a new broker-dealer and boutique underwriter named Riviere-Jenison Securities Ltd., with offices in New York; Austin, Texas; Boston; and Santa Monica, Calif. Jenison will operate the New York office, with Riviere running the Austin branch. Additionally, managing director Russ Salisbury will head the Boston office and Keith Marks, also an MD, will head the Santa Monica office. Many will recall Jenison, last working as a banker in the pre-merger PaineWebber ABS group, as well as his history on the issuer side, with MBNA America Bank. Together the pair has experience in the home equity, marine, trade receivables, legal settlement, lease, medical receivables, contract monetization and aircraft sectors of the ABS market.
Alberto Gutierrez recently joined mortgage securitizer Titularizadora Colombiana as president. He came over from Bogota-based financial risk consultancy Finac. Prior to that, he was president of Colombian bank Banco Colmena. Gutierrez is filling the shoes of Mauricio Cardenas, who in the past two years became a fixture at international conferences on MBS and LatAm structured finance.