PACIFIC INVESTMENT MANAGEMENT CO. (Pimco) recently poached Brigitte Posch, a veteran of Latin American ABS, from her post as head of Latin American securitizations at Deutsche Bank. Jibing with the trend of i-bankers crossing to the buy-side, the move comes after a stint of slightly more than two years at the German bank. No word yet on her new position. A Pimco spokesman didn't return a call for comment. Before Deutsche, Posch spent six months at Ambac, and before joining the monoline, she worked for eight years at Moody's Investors Service.
GUGGENHEIM CAPITAL MARKETS has hired Lenny Blasucci, Matthew Perkins and Nicholas Smith. Blasucci specializes in ABS, with a focus on non-residential mortgage backed and other non-mortgage ABS. Before joining Guggenheim, he held roles at Clinton Group and Sherman Financial Group and began his career at Bear Stearns. Perkins' expertise is in investment banking, specializing in ABS. Previously, Perkins was co-head of the ABS group at Bear Stearns. Smith has extensive structuring and trading experience within the mortgage backed arena, primarily with residential products. Previously, he traded on Bear Stearns' ARM desk. The three will be based in the New York office.