Austin, TX – June 21, 2010 – Amherst Securities Group LP, a leading financial services provider to institutional investors in the mortgage sector, announced today that John Caputo has joined the company as its primary commercial mortgage-backed securities (CMBS) trader, effective June 21.  Mr. Caputo brings nearly 20 years of commercial real estate expertise to this position, having worked as a loan underwriter, desk trader and bond portfolio manager.  He will be based in Amherst’s New York office.

 

Sean Dobson, Chairman and Chief Executive Officer of Amherst, said, “We are very pleased to welcome John to our company.  There is a tremendous opportunity for Amherst to expand its mortgage trading efforts into the CMBS market. We are convinced that John’s extensive trading and loan credit background will be critical to our success as we build out this important new platform at Amherst.  John is the ideal person to fill this important role.”

 

Darrell Wheeler, Head of CMBS Strategy at Amherst, added: “I am confident that the combination of John's credit and trading expertise, Amherst’s proprietary analytics and our strategy efforts will enhance Amherst’s ability to evaluate and offer commercial mortgage-backed securities trading opportunities to our clients.  I look forward to working with John.”

 

Most recently, Mr. Caputo managed the RMBS and CMBS trading efforts at hedge fund C12 Capital Management LP.  Prior to that, he held positions at Barclays Capital and Salomon Brothers/Smith Barney/Citi as a CMBS trader.

 

 

Amherst Securities Group, LP, is a specialist broker-dealer with more than 15 years experience analyzing and trading residential mortgage-backed securities. Amherst is the principal subsidiary of Amherst Holdings, a holding company for several companies dedicated to assisting institutional investors in the U.S. mortgage markets. Amherst’s experienced professional staff utilizes proprietary analytical tools to provide actionable intelligence to institutional clients that are seeking to understand and profit from the complexities and risks of the mortgage securities market. More information about Amherst can be found on www.amherstsecurities.com.

 

Tom Johnson/Amy Robinson

The Abernathy MacGregor Group

(212) 371-5999