Peter Cerwin has joined C-BASS as a managing director in the capital markets group, where he will focus on new business opportunities and executing transactions from a capital markets perspective. Cerwin joins C-BASS after four years as a director in the securitized products group at Deutsche Bank Securities, where he was responsible for the origination of real estate related structured products. In his new position, he reports to Chief Investment Officer John Draghi.
The American Securitization Forum will honor Hyperion Private Equity Funds founder Lewis Ranieri and BlackRock, Inc. Chairman and Chief Executive Officer Lawrence Fink with its inaugural Distinguished Industry Service Award, to be presented at Thursday's Annual Meeting in New York. Ranieri, of Liar's Poker fame while at Salomon Brothers in the 1980s, is credited with creating the "template for securitization and launched the now multi trillion-dollar securitization industry," said ASF Executive Director George Miller in a release announcing the award. Fink, who will also deliver the keynote speech at the gathering, is the former co-head of the taxable fixed-income at First Boston and one of the first MBS traders on Wall Street.