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— Movers and Shakers —

Movers & shakers: Sept. 26, 2008

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EXECUTIVE SUMMARY
  • Thomas Gahan is now president of the capital markets group at Providence Equity Partners
  • UBS hired 19-year Bear Stearns veteran Jeffrey Mayer as joint global head of FICC
  • Citigroup appointed Chris Hite as co-head of global healthcare investment banking

ThomasGahanBig.pngIn New York, Providence Equity Partners LLC hired Thomas Gahan as president of its new capital markets group, which invests in the debt of media, communications and information companies.

Gahan was most recently CEO of Deutsche Bank Securities Inc. and head of corporate and investment banking in the Americas. He was also global head of capital markets and a member of the global banking and markets executive committees. Gahan joined Deutsche Bank in 1999 to establish its global credit products effort.

Earlier, he spent 11 years at Merrill Lynch & Co., most recently as global head of credit trading within the fixed-income division.

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UBS appointed 19-year Bear Stearns Cos. veteran Jeffrey Mayer as joint global head of the fixed income, currencies and commodities business in its investment bank.

Mayer will work from New York and Stamford, Conn., and report to Jerker Johansson, chairman and chief executive of UBS Investment Bank. Mayer will also join the investment bank executive committee and the UBS group managing board. Before becoming co-head of fixed income at Bear in 2002, Mayer headed the mortgage and asset-backed securities department.

At UBS, he will lead FICC alongside Carsten Kengeter, who will join in early 2009. He will relocate from Hong Kong to London and report to Johansson. Kengeter was a partner and co-head of Goldman, Sachs & Co.'s securities division for Asia ex-Japan, responsible for all FICC products. He joined GS in 1997.


Citigroup Inc. appointed Chris Hite as co-head of global healthcare investment banking alongside Rick Landgarten and Michael Hill. Also joining the group as managing directors are Tai Hah and Ray Cooper. All three are from Lehman Brothers Inc.


Bracewell & Giuliani LLP formed a task force to guide financial institutions, private investment funds, institutional investors and other market participants through challenges posed by the proposed Troubled Asset Relief Act and other federal initiatives.

The group includes chairman Patrick Oxford; Robert Clarke, founder of the global financial services practice; Sanford Brown, leader of the banks and financial institutions practice; John Brunjes, transactional corporate and securities law; Evan Flaschen, chair of the financial restructuring practice; Marc Mukasey, leader of the white-collar criminal defense and special investigations practice; finance practice leader Christopher Olive; Mark Palmer, head of the New York corporate practice and private investment funds practice; Julian Rainero, head of the broker-dealer and market regulation practice; and Scott Segal, co-head of the federal government relations and advocacy practice.


New York-based bankruptcy, creditors' rights and finance firm Luskin, Stern & Eisler LLP combined with Hughes Hubbard & Reed LLP. Michael Luskin, Richard Stern and Nathan Eisler will join as partners and Patrick Gartland as counsel. Four associates will come with them. Stern will co-chair Hughes Hubbard's bankruptcy and restructuring practice.


Wildman, Harrold, Allen & Dixon LLP brought in litigator R. Rene Friedman as a partner. She focuses on regulatory response and complex litigation for clients in the securities and derivatives markets. Friedman arrives from Sidley Austin LLP, where she practiced for 13 years in securities litigation, mergers and acquisitions and white-collar defense. She was also a member of the national appellate resource group.


In Atlanta, Deloitte Financial Advisory Services LLP named Hector Calzada Jr. as a director. Before Deloitte, Calzada was a senior vice president at Houlihan, Lokey, Howard & Zukin Inc. in the healthcare and life science group, specializing in financial advisory services.


Kelley Drye & Warren LLP appointed Maneck Mulla as special India counsel to the firm, resident in Mumbai. Mulla focuses on real estate, corporate and commercial transactions, IPOs and commercial litigation. Previously, he was a partner at Mulla & Mulla & Craigie Blunt & Caroe, one of India's oldest law firms.


Howrey LLP announced that Emily Maxwell will join its San Francisco office as a partner in the global litigation group. Maxwell arrives from DLA Piper.


Mark Sponseller joined Alvarez & Marsal as a managing director in the firm's transaction advisory group, based in New York. Sponseller was a partner with the transaction services practice of PricewaterhouseCoopers LLP. Earlier, he was with the audit and assurance and transaction services practices of Deloitte & Touche LLP.


Proxy solicitation firm Okapi Partners LLC added Laura Bissell as a managing director. Previously, Bissell was a strategic relationship manager for SunGard Reference Data Inc. Bissell specializes in mutual funds.





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