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by Baz Hiralal
Evercore Partners Inc. brought in Brett Pickett and Lowell Strug as senior managing directors and co-heads of the consumer and retail investment banking group. Pickett was a managing director and co-head of consumer and retail investment banking at JPMorgan Chase & Co., which he joined in 1998. Strug was a managing director in JPM's mergers and acquisitions group, where he worked since 2000.
Both are based New York.
In India, Kohlberg Kravis Roberts & Co. LP tapped Akhil Puri as director for KKR Capstone. Puri was a member of TPG Capital's operating team since 2008, working with portfolio companies in Indonesia, China, Singapore, Japan and India. He was most recently a vice president, director and chief operating officer of BUMA and a director at Delta Dunia. Prior to TPG, he worked at General Motors Co. in Detroit and Shanghai and at Hindustan Unilever Ltd. in India.
AMP Capital appointed Kerry Ching as managing director Asia (ex-Japan). Ching joined from Fidelity Investment Management, where she was country head in Hong Kong, responsible for the institutional, wholesale and retail direct business. Previously, she was a managing director at UBS Global Asset Management and CEO in Hong Kong and head of institutional business for Asia at Invesco Ltd.
PwC US said Bruce Buchanan joined the firm as a managing director in its business recovery services group in New York. Buchanan was a managing director, head of strategic finance and global restructuring group team leader at RBS Securities Inc. He also led the restructuring divisions at Morgan Stanley, Bank of America Merrill Lynch and GE Capital. He started his career in the financial audit group at PwC.
Real estate investment manager Clarion Partners LLC recruited managing directors Drew Fung and Thanh Bui from RREEF Real Estate to focus on debt investment. Fung is head of debt investments. The firm's research indicates there will be a funding shortfall for commercial mortgage loans in the U.S. of more than $200 billion over the next four years.
In Boston, healthcare investment bank Leerink Swann LLC has hired Thomas Bassinger as a managing director, focusing on private capital market advisory opportunities as well as relationships with corporate and venture capital clients. Bassinger hails from Rockport Venture Partners, a private placement specialist firm serving life sciences clients that he co-founded in 2001.
Ravneet Gill is now CEO of Deutsche Bank India and a member of Deutsche Bank AG's Asia-Pacific executive committee. He succeeds Gunit Chadha, who, after about nine years in the role, was named co-CEO of Asia-Pacific and a member of global group executive committee for DB.
Gill joined Deutsche Bank in 1991 in private wealth management and moved to the corporate bank in 1993. In 2003, he became head of corporate banking coverage until December 2008, when he was appointed head of coverage for global markets. In 2011, Gill was named head of capital markets and treasury solutions, India.
Burrill & Co. will start publishing institutionally focused investment research and hired Reni Benjamin and Elemer Piros as managing directors. Benjamin comes in from Rodman & Renshaw, where he was a managing director and senior biotechnology analyst since 2003. Piros had filled the same role at Rodman & Renshaw since 2002.
Herbert Smith LLP hired six commercial litigation partners from Chadbourne & Parke LLP, mostly in New York, where the firm will open an office in September. They are Thomas Riley, Gregory Loss, David Wallace, Allison Alcasabas, Joseph Falcone and London-based Philip Pfeffer. They will be joined in New York by international arbitration partner Chris Parker, who is relocating from London. The firm will become Herbert Smith Freehills on Oct. 1.
The Chadbourne group comprises a tobacco litigation team that represents U.K.-based British American Tobacco. The firm said "we regret [the partners'] decision to leave but understand their business justifications for doing so."
Clippings from the next column:
-- Barclays plc taps Eugenio Cavenaghi as director for trade and working capital product management, Europe.
-- Northern Trust Corp. hires GlobeOp Financial Services' Tony Glickman for client solutions.
Real estate investment manager Clarion Partners LLC recruited managing directors Drew Fung and Thanh Bui from RREEF Real Estate to focus on debt investment.
