Lehman Securitization Exec To Found Hedge Fund

Sep 14 2007 | 10:48am ET

Amidst all of the turmoil in the asset-backed securities markets, a top Lehman Brothers executive in the field is prepping his own hedge fund.

David Sherr, currently head of global securitized products at Lehman, will leave at the end of the year. He plans to start a hedge fund.

Lehman is expected to be a partner in Sherr’s new venture.


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Chicago-based independent futures brokerage and clearing firm R.J. O’Brien & Associates (RJO) has hired industry veteran Daniel Staniford as Executive Director, responsible for the firm’s institutional business development in New York and London.

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