by Baz Hiralal
At Credit Suisse Group, Anthony Armstrong, co-head of Americas mergers and acquisitions, relocated to San Francisco from New York. Fellow co-head Greg Weinberger remains in New York. Armstrong rejoined the firm last year after a two-year stint as head of M&A for Qatar Holding, where he worked on its $10 billion investment in Volkswagen AG and Porsche Automobil Holding SE in 2009. Prior to that, Armstrong was head of M&A for Middle East/North Africa based in London and Dubai and was previously head of M&A for the Western region of the U.S. He joined Credit Suisse through its acquisition of Donaldson, Lufkin & Jenrette.
Also, Chris Gaertner joined the firm's San Francisco office as a managing director and head of global corporate finance for the technology group. He previously spent seven years at Bank of America Merrill Lynch. He was head of Merrill's technology group from 2006 to 2008. Before Merrill, he spent six years at Lehman Brothers Holdings Inc. and six years at Dillon, Read & Co. and UBS. Last year, Gaertner advised Autonomy on its $11 billion sale to Hewlett-Packard Co., Lawson Software on its $1.9 billion sale to Golden Gate Capital, Solera Holdings Inc. on its $520 million acquisition of Explore Information and Ansys Inc. on its $310 million acquisition of Apache.
Bank of America Merrill Lynch tapped Paul Harvey as head of technology investment banking for Europe, the Middle East and Africa, and Ron Eliasek as co-head of software investment banking.
Since March, Harvey headed the European technology practice at Stifel Financial Corp. as a managing director in London. Before that, he was a general partner at Atlantic Bridge, a European midmarket technology private equity fund that he co-founded in 2005. Harvey also worked in the European technology investment banking practices of Morgan Stanley, Deutsche Bank AG and Goldman, Sachs & Co.
New York-based Eliasek will work alongside California-based Scott Kamran. Eliasek was head of technology investment banking at RBC Capital Markets. Prior to that, he was a managing director and head of software and systems investment banking at Wachovia Securities LLC and an engineer at General Electric Co.
James Stone joined Cowen and Co. LLC as managing director and head of financial sponsors coverage. Based in New York, he reports to Chris McCabe and Kevin Raidy, co-heads of investment banking. Stone was with Gleacher & Co. Securities, where he led the firm's financial sponsor coverage. Prior to Gleacher, he was with the U.S. division of Macquarie Capital Inc., where he was a managing director focusing on financial sponsors. He held the same role at Imperial Capital LLC and was also a managing director in the leveraged finance and financial sponsor coverage groups at Credit Suisse Group.
French hedge fund Lyxor Asset Management named Tim Soetens as director of business development for the Netherlands. He was sales director of business development for the Benelux wholesale market at Schroders plc. Before that, Soetens worked at BlackRock Inc. and Philips Pension Fund.
Northern Trust Corp. made Carl Tannenbaum its chief economist. He succeeds Paul Kasriel, who retired from the firm earlier this year. Since 2008, Tannenbaum has been a senior vice president and head of the risk division at the Federal Reserve Bank of Chicago. He was head of the entire Federal Reserve System's risk group in Washington for a year, ending in March. Previously, Tannenbaum was chief economist and head of balance sheet management at LaSalle Bank/ABN Amro. He started LaSalle Bank's economic unit in 1985.
New York Life Capital Partners, a private equity affiliate of New York Life Investments, named senior managing principal Steven Benevento as chief investment officer. He will continue to report to CEO Thomas Haubenstricker. Benevento joined New York Life in 1995.
Duff & Phelps Corp. added Mark Calzolano and Peter Rosenberg to its investment banking practice as managing directors focused on mergers and acquisitions. Calzolano joined the Chicago office, while Rosenberg is in San Francisco.
Calzolano was with Global Integrated Business Solutions LLC, where he was senior vice president of corporate development. Previously, Calzolano worked for William Blair & Co. LLC, leading M&A teams as well as strategic advisory teams focused on commercial and industrial companies.
Rosenberg was a managing director with Wells Fargo Securities LLC, responsible for sourcing and executing financing and M&A transactions for independent and financial sponsor-backed middle-market companies. Previously, he established and managed the San Francisco office as a managing director for Barrington Associates.
Rachel Posner joined AST Phoenix Advisors as a senior vice president, responsible for U.S. business development. Posner joins from Georgeson Inc., where she was a senior managing director and general counsel. Previously, she was a mergers and acquisitions associate at Fried, Frank, Harris, Shriver & Jacobson LLP in New York.
AST specializes in takeover defenses, proxy fights, and hostile and friendly acquisitions.
Clippings from the next column:
-- David Bagley, HSBC plc's head of group compliance, resigned after a Senate Permanent Subcommittee on Investigations found the bank had poor anti-money laundering controls.
-- Peter Stonor becomes global head of infrastructure and transport for VTB Capital . Also, VTB names Nikolay Podguzov as head of fixed income research and Petr Grishin as head of macro research. Alexey Moiseev is appointed Deputy Finance Minister of the Russian Federation.
-- Trinity Hunt Partners taps Jake Moore as an analyst assisting in deal sourcing and execution.
-- Janney Montgomery Scott hires Greg Roth from ThinkEquity LLC as a managing director in the technology and media group.
Northern Trust Corp. made Carl Tannenbaum its chief economist. He succeeds Paul Kasriel, who retired from the firm earlier this year.