The new
Bear Stearns Private Fund Group will be lead by Leo van den Thillart, formerly senior managing partner of Crane Capital, and Paul Sanabria, a senior managing director of
Bear Stearns Asset Management (BSAM).
We are extremely excited to be welcoming nearly 660 people from Encore Credit to
Bear Stearns," said Jeff Verschleiser, co-head of mortgage trading for
Bear Stearns.
We are very pleased to have
Bear Stearns as our capital partner in the Fund," said James R.
The acquisition of ECC Capital's origination unit will give
Bear Stearns a substantial stake in the subprime lending business," said Jeff Verschleiser, a senior managing director in the mortgage department at
Bear Stearns.
Haskin has been with
Bear Stearns for 11 years based in New York, where he was a senior member of the firm's real estate investment banking team.
Dijkstra joins
Bear Stearns from NIBC, where he was a member of the board and responsible for the strategic business units for financial markets, real estate markets and investment management.
As our European franchise continues to grow in strength and importance to the firm, we believe there is a need for a Chief Executive Officer to lead the dynamic expansion of our business in this key marketplace," said
Bear Stearns Chairman and Chief Executive Officer, James E.
Despite a lower level of market risk, Fitch believes
Bear Stearns will be challenged to broaden its franchise further.
Michel Peretie, Chairman of
Bear Stearns in Europe said, "This building represents a major milestone in the development of
Bear Stearns' franchise in Europe and confirms our commitment to the region.
Bear Stearns offers market-leading execution and clearing services and is on the forefront of providing customers with new technology to take better advantage of their portfolio strategies.
He has been with
Bear Stearns for over eight years and has been in the mortgage industry for over 16 years.
today introduced BearCast(TM), a mobile platform that uses podcasting technology to deliver
Bear Stearns content on-demand to clients.
