Clarification

Published 1 Min Read

Moody’s Investors Service is not courting Norman Last to become part of its private placement initiative. For last week’s article, called “Thomson Sells BankWatch to Fitch,” Moody’s was not contacted for comment or verification regarding rumors that were circling the market.

According to Brian Clarkson, Group Managing Director and head of Asset Finance at Moody’s, the rating agency believes their current staffing model positions the agency well in the private placement market.

“We added Chris Donnelly to specifically lead this effort along with Kieran McShane, and we are very pleased with the results,” says Clarkson. “I am confident that our current team of analysts, led by Managing Directors Andy Silver, Ed Bankole, Pramila Gupta, Sam Pilcer and Linda Stesney, have the skills and experience to maintain and expand our position in all facets of the asset-backed and ABCP markets.”


For reprint and licensing requests for this article, click here.


More From Asset Securitization Report

Aircraft Lessors Taking New Routes to Securitization

Increasingly, these transactions are being structured to give lessors more flexibility in terms of both the types of collateral and the ability to actively trade aircraft. As a result, transactions more accurately reflect lesssors’ fleets

Whispers

BMO Capital Markets is looking to add seven or eight associates and junior vice presidents to its securitization group, after seven executives, led by Pete Walsh, former co-head of origination and structuring, left to start the structured finance asset management firm Six Degrees Capital Management (see p.1). Forty-five professionals made up the securitization group before […]

Whispers

Kieran McShane has left Moodys Investors Service to take a position in the investor relations department at FSA. He had been at Moody’s for four years where he was a vice president at the product marketing group. The American Securitization Forum announced the appointment of Thomas Deutsch as associate director. Deutsch reports to ASF Executive […]

Kanef named new head of Moody’s asset finance

The personnel shakeup at Moody’s Investors Service is seemingly over, as last week the rating agency promoted Michael Kanef to new group managing director of U.S. asset finance ratings. Kanef takes over for Andy Silver, who announced his resignation to accept a lecturing position at Rutgers University. Silver’s departure, effective in mid-July, marks the second […]

Kanef takes top spot in ABS at Moody’s

Today Moody’s Investors Service named Michael Kanef as Group Managing Director of the term ABS, RMBS and ABCP teams, succeeding Andrew Silver, who is leaving the rating agency to accept a professorship at the business school at Rutgers University. Kanef was previously a co-head and team managing director over term ABS. Silver’s resignation was announced internally […]