Amherst Securities Group Hires John Caputo as Primary CMBS Trader

Date: Tuesday, June 22, 2010
Author: Reuters

Amherst Securities Group, L.P., 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 Saloman Brothers/Smith Barney/Citi as a CMBS trader. 

About Amherst Securities Group, L.P.

Amherst Securities Group, L.P., 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 US
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.amherstholdings.com.