The material on this site is for financial institutions, professional investors and their professional advisers. It is for information only. Please read our Terms & Conditions, Privacy Policy and Cookies before using this site.

All material subject to strictly enforced copyright laws. © 2020 Euromoney, a part of the Euromoney Institutional Investor PLC.

Andrew Clapham

Head of asset-backed finance, Bear Stearns International

Author: Phillip Eade

Bear Stearns' international expansion continues apace, and in Andy Clapham, the bank now has on its books one of Europe's leading experts in securitization.

Clapham has as much experience in securitization as just about anyone outside the US. It was he, you may remember, who in 1996 kick-started the collateralized loan obligations (CLO) market in Europe with the Rose deal. This raised $5 billion against NatWest's portfolio of 300 corporate loans and won the Euromoney deal of the year award. It has since been copied by countless other banks.

Rose gave this easy-going Englishman a reputation for innovation that he has held on to ever since. "He's someone who looks at things in new ways," says one former colleague, "and he's prepared to take risks to develop new structures." Another adds: "He's one of the most creative people in the market from a structuring prospective. And he's a master at seeing opportunities within regulatory environments. He's also a very well-rounded, nice guy, not all arrogant or hard-nosed.

Take out a complimentary trial

Take out a 7 day trial to gain unlimited access to Euromoney.com and Asiamoney.com analysis and receive expertly-curated updates direct to your inbox.

 

Already a user?

Login now

 

We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree