Movers & shakers: March 11, 2013 - Movers & shakers(The Deal Pipeline)

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Movers & shakers

Ruth Pivar & Michele Malis

Ben Lawsky

Heath Lukatch

Michele Park

Jonathan Skinner

Virginie Maisonneuve

Brian Schreiber

Amish Barot

Movers & shakers: March 11, 2013

by Baz Hiralal

Frank L. "Buz" Walters is heading to Bank of America Merrill Lynch as vice chairman of global investment banking, head of venture coverage. He will report to global head of technology investment banking Chet Bozdog, who is leading the BofA team advising the investor group including Michael Dell, Silver Lake and Microsoft Corp. on the proposed $24.4 billion Dell Inc. buyout.

Walters will join the Palo Alto, Calif., office of BofA later this year from Goldman, Sachs & Co. , where he spent eight years as head of venture coverage. Among his deals, Walters worked on the initial public offerings of Workday Inc., Palo Alto Networks Inc., Yelp Inc., Tesla Motors Inc. and Jive Software Inc. Earlier, he was head of the venture coverage group at Deutsche Bank Alex. Brown.

Perella Weinberg Partners LP launched PWP Growth Equity, led by David Ferguson and Chip Baird in New York. The strategy will focus on growth companies in the lower-midmarket. Ferguson and Baird, who join as partners in the asset management business, hail from Weston Presidio, a lower-midmarket private equity firm where they were partners.

Earlier, Ferguson was a partner at JPMorgan Partners LLC (and its predecessor organizations Chase Capital Partners and Chemical Venture Partners) and worked in the mergers and acquisitions groups of Bankers Trust and Prudential Securities Inc.

Previously, Baird was a PE investor with Beacon Group, where he focused on business and industrial services, energy and general manufacturing companies. Baird began his career in the investment banking division at Merrill Lynch & Co., working on M&A, high-yield financings and public equity offerings.

Institutional investment management firm Munder Capital Management hired Jim Kourkoulakos as a senior portfolio manager for fixed income. He was a portfolio manager and co-head of credit research at California Public Employees' Retirement Service. Kourkoulakos co-managed an $8 billion investment grade bond portfolio and managed a $1 billion high-yield bond portfolio at CalPERS. Before that, he was with Oppenheimer Funds, including as a senior portfolio manager and head of high-yield research, leading a team of credit professionals managing $7 billion in global high-yield securities.

Independent investment bank and asset management firm Brean Capital LLC took on 11 professionals, including Chuck Padala as head of equity research, sales and trading. More recently at MKM Partners, Padala spent 25 years in sales and trading at SunTrust.

Other sales and trading hires include head of equity trading Roberto Friedlander; senior sales trader Stephen Murphy, covering Boston; senior sales trader Sadler Ramsdell, covering the Mid-Atlantic region as well as institutional clients in Florida, New York and Texas; Tom Rorke, a senior sales person responsible for Mid-Atlantic and southeastern clients; and senior vice president and senior sales trader John Ratkoski.

Research hires include Mike Burton, a senior analyst covering semiconductors; Jeff Connolly, oil and gas exploration and production; Gene Mack, a senior analyst covering biotechnology; senior analyst Justin Sebastiano, gaming; and Jason Wittes, a senior analyst covering the medical technology and supply industry.

Friedlander previously spent five years as a senior energy trader at Lazard Capital Markets and seven years as a senior trader on Cowen & Co. LLC's trading desk. Murphy headed the Boston offices for UBS, Nomura Holdings Inc. and Weeden & Co. Ramsdell spent 26 years at Credit Suisse Group. Rorke arrives after 14 years in institutional sales at Credit Suisse as head of its middle-markets group. Ratkoski spent 25 in sales and trading at Cowen, Lazard, Rochdale Securities and Neuberger & Berman.

Burton was a senior analyst at Kaufman Bros. LP and ThinkEquity Partners. Connolly was with Sidoti & Co. Mack spent the previous 12 years at Lazard, HSBC Securities and Gruntal & Co. Sebastiano covered gaming at Collins Stewart/Canaccord Financial and Morgan Joseph TriArtisan. Wittes spent the past 15 years at Morgan Stanley, Leerink & Swann and Caris & Co.

Additionally, Todd Mitchell was promoted to director of research. He remains as a senior analyst covering digital media.

Quarles & Brady LLP added of counsel Ruth A. Pivar and Michele K. Malis to the firm's trusts and estates practice in Chicago. Both were previously with Ungaretti & Harris LLP.

Lloyds Bank Commercial Banking added John Feeney as a managing director and head of corporate real estate. He joined from Henderson Global Investors, where he was head of real estate debt, and also headed the Asia real estate special assets group at Bank of America Merrill Lynch.

Latham & Watkins LLP named seven partners: Maria Barton, white-collar litigator; Les Carnegie, export controls and international trade; Christopher Dorian, bank finance; Fabrice Fages, securities litigator; Amanda Reeves, antitrust litigator; Julie Scallen, mergers and acquisitions; and Ayesha Waheed, project finance.

KeyCorp named Kevin J. Nowak as national equity investment manager of Community Development Corp. Prior to joining Key CDC in 2010 as a relationship manager, Nowak was an associate at Thompson Hine LLP in its real estate practice.

Clippings from the next column:

-- Shuaa Capital psc names Sabah al-Binali as chief investment officer and CEO of its credit division.
-- Sony Corp.'s chairman Howard Stringer announces retirement.


Quarles & Brady LLP added of counsel Ruth A. Pivar and Michele K. Malis to the firm's trusts and estates practice in Chicago.