DBRS Morningstar Invests More in US Structured Finance; Adds 10 new senior level analysts

NEW YORK–(BUSINESS WIRE)–DBRS Morningstar is pleased to announce that 10 new senior analysts have recently joined the Global Structured Finance team based in New York and Chicago. The new hires represent a seasoned group of analysts with expertise in a wide range of U.S. asset-backed securities, including consumer, commercial and esoteric asset classes, structured credit, including heavily syndicated CLOs and rating fund debt, in addition to commercial and residential mortgage-backed securities. securities.

The US Structured Credit Group added five new members: senior vice presidents Hylton Heard, Stuart Rothenberg and Lisa Kwasnowski; and Vice Presidents David Petu and John Um. All five report to Jerry van Koolbergen, managing director and head of structured credit in the United States. Kwasnowski transferred from DBRS Morningstar’s financial institutions group after 14 years with the agency.

The American group ABS has added three new senior vice-presidents: Elizabeth Fitzpatrick, Doo-Sik Nam and Du Trieu. All three report to Chris D’Onofrio, Managing Director and Head of US ABS.

Michael Vidmar has joined DBRS Morningstar’s North American CMBS Group as Vice President, reporting to John Amman, Senior Vice President, North American CMBS.

Additionally, Patrick McCormick recently joined DBRS Morningstar as Senior Vice President of the Operational Risk Group. McCormick reports to Kathleen Tillwitz, head of operational risk in the United States.

“I am very pleased to have such a talented array of analysts with diverse structured finance expertise added to our existing high-quality team,” said Claire Mezzanotte, Group Managing Director and Head of global structured finance at DBRS Morningstar. “The new hires underscore our continued commitment to product quality for investors.”

The 10 members of the GSF Group all started within the last month.


DBRS Morningstar is a global credit rating company with approximately 700 employees in eight offices around the world.

On July 2, 2019, Morningstar, Inc. completed its acquisition of DBRS to expand global asset class coverage and provide investors with an enhanced platform offering thought leadership, analysis and research. DBRS Morningstar is committed to driving investor success, serving the market with cutting-edge technology, and raising the bar for the industry.

DBRS Morningstar is the fourth largest credit rating agency in the world and a leader in Canada, the United States and Europe in several asset classes. We rate over 3,000 issuers and 60,000 securities worldwide and are committed to bringing greater clarity, diversity and responsiveness to the rating process. Our approach and size give us the agility to meet client needs, while being large enough to provide the necessary expertise and resources. Visit us at https://www.dbrsmorningstar.com/learn/dbrsmorningstar.

The DBRS Morningstar group of companies consists of DBRS, Inc. (Delaware, USA) (NRSRO, subsidiary DRO); DBRS Limited (Ontario, Canada)(DRO, subsidiary of NRSRO); DBRS Ratings GmbH (Frankfurt, Germany)(EU CRA, NRSRO subsidiary, DRO subsidiary); and DBRS Ratings Limited (England and Wales) (UK CRA, NRSRO subsidiary, DRO subsidiary). For more information on regulatory registrations, recognitions and approvals from the DBRS Morningstar group of companies, please see: https://www.dbrsmorningstar.com/research/highlights.pdf. The DBRS Morningstar group of companies is a wholly owned subsidiary of Morningstar, Inc. © 2022 DBRS Morningstar. All rights reserved. The information on which DBRS Morningstar ratings and other types of credit opinions and reports are based is obtained by DBRS Morningstar from sources DBRS Morningstar believes to be reliable. DBRS Morningstar does not verify the information it receives as part of the analysis process, and it does not and cannot independently verify such information in each instance. The extent of any factual investigation or independent verification depends on the facts and circumstances. DBRS Morningstar ratings, other types of credit opinions, reports and other information provided by DBRS Morningstar are provided “as is” and without representation or warranty of any kind. DBRS Morningstar hereby disclaims all representations or warranties, express or implied, as to the accuracy, timeliness, completeness, merchantability, fitness for a particular purpose, or noninfringement of this information. In no event shall DBRS Morningstar or its directors, officers, employees, independent contractors, agents, and representatives (collectively, DBRS Morningstar Representatives) be liable for (1) any inaccuracies, delays, loss of data, service interruptions, errors or omission or for any damages resulting therefrom, or (2) for any direct, indirect, incidental, special, compensatory or consequential damages resulting from any use of the ratings and rating reports or resulting from any error (negligent or otherwise) or any other circumstance or contingency within or outside the control of DBRS Morningstar or any representative of DBRS Morningstar, in connection with or relating to the obtaining, collection, compilation, analysis, interpretation, communication, publication or delivery of such information. No DBRS Morningstar entity is an investment adviser. DBRS Morningstar does not provide investment, financial or other advice. Credit ratings, other types of credit opinions, other analyzes and research issued or published by DBRS Morningstar are, and should be construed solely as, statements of opinion and not statements of fact with respect to creditworthiness, investments, advice financial or otherwise or purchase recommendations. , sell or hold securities. A report relating to a DBRS Morningstar rating or other credit opinion is neither a prospectus nor a substitute for the information compiled, verified and presented to investors by the issuer and its agents in connection with the sale of the securities. DBRS Morningstar may receive compensation for its ratings and other credit opinions from, among https://www.dbrsmorningstar.com/disclaimer/ others, issuers, insurers, guarantors and/or underwriters of debt securities. DBRS Morningstar is not responsible for the content or operation of third party websites accessible by hypertext or other computer links and DBRS Morningstar assumes no liability to any person or entity for the use of such third party websites. This publication may not be reproduced, retransmitted or distributed in any form without the prior written consent of DBRS Morningstar. ALL DBRS MORNINGSTAR RATINGS AND OTHER TYPES OF CREDIT OPINIONS ARE SUBJECT TO DISCLAIMERS AND CERTAIN LIMITATIONS. PLEASE READ THESE DISCLAIMERS AND LIMITATIONS AT https://www.dbrsmorningstar.com/about/disclaimer. ADDITIONAL INFORMATION ABOUT DBRS MORNINGSTAR RATINGS AND OTHER TYPES OF CREDIT OPINIONS, INCLUDING DEFINITIONS, POLICIES AND METHODOLOGIES, IS AVAILABLE AT https://www.dbrsmorningstar.com. Users may, through hyperlinks or other computer links, access websites operated by persons other than DBRS Morningstar. These hyperlinks are provided for convenience only and are the sole responsibility of the owners of such websites. DBRS Morningstar does not endorse the content, operator or operations of third party websites. DBRS Morningstar is not responsible for the content or operation of such websites, and DBRS Morningstar assumes no liability to you or any other person or entity for your use of third party websites.

Comments are closed.