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neck of a castrated ram so that it might lead its flock
Bellwether
Who’s moving where...
Real estate financier
Kurt Pollem has joined
MORNINGSTAR
CREDIT RATINGS to
head its CMBS ratings
and analytics efforts.
Pollem’s role includes
oversight of modelling,
methodology and
criteria for CMBS and
related commercial real
estate initiatives, as well
as producing analytical
analysis. Pollem was
previously a managing
director at Hannon
Armstrong Sustainable
Real Estate, where he
securitised commercial
PACE loans. Before that,
he co-managed
Guggenheim Securities’
conduit platform and
also spent 11 years at
rival ratings firm S&P. Dai Kitamura has
returned to HSBC after
a sabbatical as head of
corporate, financials
and multinationals
banking for Asia
Pacific. Based in Hong
Kong, he reports to
Philippe Henry, global
head of corporate,
financials and
multinationals
banking, as well asAPAC global banking
co-heads Che Ning Liu
and Martin Haythorne.
Kitamura has been
with HSBC since 1994
and was most recently
head of global banking
for Hong Kong, where
he led the coverage of
a number of the bank’s
key relationships. Charlie Foster and
Andrew Penny have
joined RBC CAPITAL
MARKETS’ European
real estate team from
Canaccord Genuity.
Foster, who was
Canaccord’s head of
real estate banking
and broking, will be
head of European real
estate at RBC. Penny,
who will be senioradviser for European
real estate at RBC,
previously held similar
positions at Ernst &
Young and Canaccord.
RBC said Julian
Livingston-Booth will
also join its equity
research team as head
of European real estate
research, after 18 years
at Goldman Sachs.