Brightwater Staffs Up

WestLB has named Neil Colverd as president and CEO of its Brightwater Capital Management business, which manages over $35 billion structured finance assets like collateralized debt obligations and structured investment vehicles. Colverd previously was WestLB's CEO for its APAC region, and acting CIO for the bank's investment management unit. WestLB also has named George Suspanic as CIO of Brightwater, and Gerri Alfino Egler as COO. Suspanic previously was a managing director in WestLB's portfolio management unit, while Egler joined the bank in 2004 as a managing director overseeing “certain special projects.”