Nomura Securities

Meradia Appoints Industry Expert Brian J. Buzzelli as Director, Expands Scope of Investment Data Practice

Retrieved on: 
Tuesday, February 13, 2024

Meradia , a global consultancy for investment operations and technology transformation, announced today that industry veteran Brian J. Buzzelli joined the firm as Director, Head of Data Practice.

Key Points: 
  • Meradia , a global consultancy for investment operations and technology transformation, announced today that industry veteran Brian J. Buzzelli joined the firm as Director, Head of Data Practice.
  • With Buzzelli, Meradia deepens its Investment Data practice and broadens the capabilities of its proven Investment Performance and Investment Operations consulting services.
  • “Investment managers have materially advanced the ways they store, access, and leverage data and how they communicate with data vendors and service providers.
  • Mick Cartwright, Managing Director at Meradia, adds, “Meradia helps our clients modernize post-trade operational functions, reduce toil, and expose meaningful insights in investment data stores.

Commercial Real Estate Leaders Ethan Penner and Chad Carpenter Launch Reven Office REIT to Finance U.S. Office Properties

Retrieved on: 
Thursday, January 18, 2024

Commercial real estate leaders Ethan Penner and Chad Carpenter today announced plans to launch of Reven Office REIT (the “Company”), a U.S. office focused real estate finance company.

Key Points: 
  • Commercial real estate leaders Ethan Penner and Chad Carpenter today announced plans to launch of Reven Office REIT (the “Company”), a U.S. office focused real estate finance company.
  • Reven Office REIT will be one of the few well-capitalized office-focused credit vehicles at a time when banks have largely paused their lending activities.
  • Penner is a recognized pioneer in the fields of real estate and finance, specializing in real estate, mortgage credit, and financial markets.
  • Carpenter has 30 years of real estate investing and operating experience and been involved in more than $3 billion in real estate transactions.

Fannie Mae Prices $819 Million Connecticut Avenue Securities (CAS) REMIC Deal

Retrieved on: 
Thursday, January 25, 2024

Cantor Fitzgerald & Co. ("Cantor") is the co-lead manager and joint bookrunner.

Key Points: 
  • Cantor Fitzgerald & Co. ("Cantor") is the co-lead manager and joint bookrunner.
  • Co-managers are Morgan Stanley & Co, LLC ("Morgan Stanley"), Nomura Securities International Inc. ("Nomura"), StoneX Financial Inc. ("StoneX"), and Wells Fargo Securities, LLC ("Wells Fargo").
  • To promote transparency and to help credit investors evaluate our securities and the CAS program, Fannie Mae provides ongoing, robust disclosure data, as well as access to news, resources, and analytics through its credit risk transfer webpages .
  • In addition to our flagship CAS program, Fannie Mae continues to transfer mortgage credit risk through its Credit Insurance Risk Transfer™ (CIRT™) reinsurance program.

Point and Redwood Trust Issue $139 Million Home Equity Investment Rated Securitization

Retrieved on: 
Tuesday, November 7, 2023

Palo Alto, Calif., Nov. 07, 2023 (GLOBE NEWSWIRE) -- Point , the leading home equity investment platform making homeownership more valuable and accessible, and Redwood Trust, Inc. (NYSE: RWT , “Redwood”), a leader in expanding access to housing for homebuyers and renters, announced today they have completed the first rated securitization of Point’s Home Equity Investment (“HEI”) assets, issuing approximately $139 million of rated asset-backed securities (the “Transaction”).

Key Points: 
  • Palo Alto, Calif., Nov. 07, 2023 (GLOBE NEWSWIRE) -- Point , the leading home equity investment platform making homeownership more valuable and accessible, and Redwood Trust, Inc. (NYSE: RWT , “Redwood”), a leader in expanding access to housing for homebuyers and renters, announced today they have completed the first rated securitization of Point’s Home Equity Investment (“HEI”) assets, issuing approximately $139 million of rated asset-backed securities (the “Transaction”).
  • The Transaction represents the second HEI-backed securitization that Point and Redwood have completed together, having issued the first-ever securitization backed entirely by HEIs in 2021 .
  • The issuer, Point Securitization Trust 2023-1, issued approximately $117 million of senior class A-1 securities and approximately $22 million of class A-2 securities, rated A (sf) and BBB (low) (sf), respectively, by DBRS Morningstar.
  • Co-sponsoring the Transaction with a subsidiary of Redwood, Point was the originator of all of the HEIs in the securitization and will continue to service such assets.

NewAmsterdam Pharma Announces Appointment of Ian Somaiya as Chief Financial Officer

Retrieved on: 
Monday, October 23, 2023

Mr. Somaiya is an established healthcare executive with extensive financial and operational expertise, including over two decades of experience on Wall Street as a prominent biotechnology research analyst.

Key Points: 
  • Mr. Somaiya is an established healthcare executive with extensive financial and operational expertise, including over two decades of experience on Wall Street as a prominent biotechnology research analyst.
  • Ian is a proven leader, who possesses a breadth of industry experience, as well as deep relationships within the financial community,” said Michael Davidson, M.D., Chief Executive Officer of NewAmsterdam.
  • We look forward to his many contributions.”
    Mr. Somaiya joins NewAmsterdam Pharma with over twenty-five years’ experience in senior leadership roles in the biopharmaceutical industry.
  • Prior to joining TCR2, Mr. Somaiya was managing director and head of biotechnology research at BMO Capital Markets.

Fannie Mae Prices $536 Million Connecticut Avenue Securities (CAS) REMIC Deal

Retrieved on: 
Friday, October 6, 2023

Co-managers are Cantor Fitzgerald & Co. ("Cantor"), Morgan Stanley & Co, LLC ("Morgan Stanley"), Nomura Securities International Inc. ("Nomura"), and StoneX Financial Inc. ("StoneX").

Key Points: 
  • Co-managers are Cantor Fitzgerald & Co. ("Cantor"), Morgan Stanley & Co, LLC ("Morgan Stanley"), Nomura Securities International Inc. ("Nomura"), and StoneX Financial Inc. ("StoneX").
  • Selling group members are Minority and Service-Disabled Veteran-owned Academy Securities, Inc. and African-American-owned Loop Capital Markets LLC.
  • To promote transparency and to help credit investors evaluate our securities and the CAS program, Fannie Mae provides ongoing, robust disclosure data, as well as access to news, resources, and analytics through its credit risk transfer webpages .
  • In addition to our flagship CAS program, Fannie Mae continues to transfer mortgage credit risk through its Credit Insurance Risk Transfer™ (CIRT™) reinsurance program.

Michael Hill appointed to lead OMERS Infrastructure

Retrieved on: 
Wednesday, August 2, 2023

TORONTO, Aug. 02, 2023 (GLOBE NEWSWIRE) -- OMERS today announced that Michael Hill has been appointed Executive Vice President & Global Head of Infrastructure at OMERS.

Key Points: 
  • TORONTO, Aug. 02, 2023 (GLOBE NEWSWIRE) -- OMERS today announced that Michael Hill has been appointed Executive Vice President & Global Head of Infrastructure at OMERS.
  • Michael, who joins OMERS on 5 September and will be based in New York, and report to Chief Investment Officer Ralph Berg.
  • At OMERS he will have accountability and oversight for our global infrastructure investment and asset management programs.
  • OMERS Infrastructure has more than 90 investment professionals around the world and has a portfolio of 30 assets in North America, Europe and Asia-Pacific.

IMPERIAL BRANDS PLC EXTENDS $123 MILLION CONVERTIBLE DEBENTURE AND AUXLY IMPLEMENTS BOARD AND MANAGEMENT CHANGES

Retrieved on: 
Wednesday, July 26, 2023

Pursuant to the Amendment, Imperial Brands and Auxly have agreed to extend the maturity date of the Debenture by 24 months from September 25, 2024 to September 25, 2026.

Key Points: 
  • Pursuant to the Amendment, Imperial Brands and Auxly have agreed to extend the maturity date of the Debenture by 24 months from September 25, 2024 to September 25, 2026.
  • Auxly remains Imperial Brands' exclusive global partner for any future development, manufacture, commercialization, sale and distribution of cannabis products.
  • As Imperial Brands no longer holds the required percentage under the Investor Rights Agreement, its nominee, Murray McGowan, has resigned from Auxly's Board effective immediately.
  • Auxly announces the resignation of Mr. Brian Schmitt from his position as Chief Financial Officer ("CFO") of Auxly, effective July 26, 2023.

Fannie Mae Prices $766 Million Connecticut Avenue Securities (CAS) REMIC Deal

Retrieved on: 
Thursday, July 20, 2023

Co-managers are Cantor Fitzgerald & Co. ("Cantor"), Morgan Stanley & Co, LLC ("Morgan Stanley"), Nomura Securities International Inc. ("Nomura"), and Santander US Capital Markets LLC ("Santander").

Key Points: 
  • Co-managers are Cantor Fitzgerald & Co. ("Cantor"), Morgan Stanley & Co, LLC ("Morgan Stanley"), Nomura Securities International Inc. ("Nomura"), and Santander US Capital Markets LLC ("Santander").
  • Selling group members are Minority and Service-Disabled Veteran-owned Academy Securities, Inc. and African-American-owned Loop Capital Markets LLC.
  • In addition, Fannie Mae provides monthly loan-level and deal-level data in European Securities and Markets Authority (ESMA) Annex 2 and Annex 12 template formats directly in Data Dynamics.
  • In addition to our flagship CAS program, Fannie Mae continues to transfer mortgage credit risk through its Credit Insurance Risk Transfer™ (CIRT™) reinsurance program.

Mark Connelly joins Rothschild & Co as Managing Director to lead its equity capital markets offering in North America

Retrieved on: 
Thursday, July 13, 2023

Rothschild & Co announced today that Mark Connelly has joined its Global Advisory business as a Managing Director to lead its equity capital markets offering in North America.

Key Points: 
  • Rothschild & Co announced today that Mark Connelly has joined its Global Advisory business as a Managing Director to lead its equity capital markets offering in North America.
  • In this newly established role, Mr. Connelly will lead and develop Rothschild & Co’s strategy for the firm’s Equity Markets Solutions (“EMS”) business in North America.
  • Mr. Connelly will have oversight of the North American activities of Redburn Atlantic, the equity capital markets execution arm of Rothschild & Co, working closely with Adam Young, CEO of Redburn Atlantic.
  • “I am pleased to join Rothschild & Co as the firm advances its position in equity capital markets in North America,” said Mr. Connelly.