Lehman Brothers said Tuesday it has brought back two senior managers. Michael Gelband will return to serve as global head of capital markets, and Alex Kirk has rejoined as global head of principal investing. They will report to Bart McDade, the newly named president and chief operating officer. Gelband joined Lehman more than 25 years ago and has held various senior roles, most recently as global head of fixed income. He has also overseen several businesses in fixed income, including central funding, futures, insurance products, interest rate derivatives, Asia fixed income and MBS derivatives trading. Kirk most recently served as co-chief operating officer for the fixed-income division and was head of global credit products, with responsibility for the CDO, high-grade, high-yield, structured credit and emerging markets credit businesses. He also held the role of global head of the distressed debt business with responsibility for trading, sales and research.

Brazilian boutique shop Hampton Solfise has hired Jose Candido Pimentel as a directing partner. Pimentel spent 11 years up to the beginning of 2008 as treasurer of Aracruz Celulose, a leading global producer of wood pulp. Before high-flying commodity prices precluded the need to raise funds in the securitization market, Aracruz periodically issued bonds backed by export flows. Hampton belongs to the first wave of arrangers that several years ago began structuring deals in Brazil using the receivable investment fund, a vehicle that eventually became ubiquitous in the domestic ABS world. Pimentel joins founding Hampton partner Patricia Bentes and Luciano Araujo, who came on board in 2005.Royal Bank of Scotland has hired Stephen Hynes as senior manager in group treasury, with specific responsibility for securitization. He reports to Richard Harding, head of capital raising. Hynes was previously head of capital markets at GMAC RFC in the U.K.

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