Aldinger Out at Capmark, Levine In

The KKR-controlled Capmark Financial Group - one of the nation's largest commercial mortgage banking firms - has hired Jay N. Levine as its new president and chief executive. He replaces William F. Aldinger III, who resigned his positions as president, chief executive and chairman. Mr. Aldinger, who once ran subprime giant Household Finance, will serve as a consultant to Capmark. Mr. Levine formerly was president and chief of RBS Global Banking & Markets, North America. He also served as chief executive officer of RBS Greenwich Capital with responsibility for the company's institutional, banking and fixed-income businesses in the United States. Dennis D. Dammerman was named chairman of Capmark. Capmark, formerly known as GMAC Commercial Holding Corp., was acquired in March 2006 by an investor group led by affiliates of Kohlberg Kravis Roberts & Co., Five Mile Capital Partners LLC, Goldman Sachs Capital Partners and Dune Capital Management LP.