Barclays Capital recently hired the nine-person CDO correlation trading team from Citigroup Global Markets. The team, headed by Managing Director Doug Warren, consists of Geoff Gentile, Ted Husveth, Jonathan Koerner, Aleksandr Rabiner, Alex Salomon, Greg Tell and Anthony Trears. Citigroup, one of the innovators of correlation trading, developed the group roughly two years ago, sources said.
Kirkland & Ellis has promoted Norbert Knapke, Janette McMahan and Todd Andrew Miller to partners in the law firm's asset finance and securitization group. All three will report to Kenneth Morrison, who heads the asset finance and securitization group out of Chicago. Miller joined the firm last year from Mayer, Brown Rowe & Maw, McMahon joined the firm in 1998 and Knape joined in 2000.