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— Movers and Shakers —

Movers & shakers: Oct. 17, 2008

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EXECUTIVE SUMMARY
  • Millennium Management hired Lehman's Michael Gelband to manage global fixed-income
  • Investment bank Duff & Phelps Corp. hired 20-year M&A veteran Jon Melzer as an MD
  • Robert W. Baird added Richard Conklin as a managing director on its ECM team

NoraGibsonBig.pngJones Day took on 15 partners from Heller Ehrman LLP, with 11 joining in San Francisco. Robert Gibney and David Paulson practice in banking and finance. Nora Gibson and Lora Blum cover capital markets. Gibson (pictured) was chair of the capital markets group. Peter Benvenutti and Robert Trodella join the business restructuring and reorganization practice. Benvenutti was chair of the restructuring and insolvency practice and a former Heller managing partner. Brett Dick and Teresa Maloney are tax attorneys. Barbara Gregoratos covers real estate. Timothy Hoxie joins the mergers and acquisitions practice. Hoxie was co-chair of Heller's M&A practice and former co-chair of the corporate securities practice. He also served as co-chair of the San Francisco business department. Litigator Raymond Sheen covers complex insurance coverage disputes.

Three partners joined the New York office. Paul Downs joined the M&A practice. He was the former firmwide managing director international at Heller. Steven Koppel and Aviva Yakren handle real estate. At Heller, Koppel was a former co-chair of real estate.

Litigator Bernard Bell handles complex insurance coverage matters from Washington.

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Investment firm Millennium Management LLC hired Michael Gelband to manage its global fixed-income business. Gelband was global head of capital markets at Lehman Brothers Holdings Inc.

He joined Lehman in 1983 and eventually became global head of fixed income and was a member of the executive committee. He left in May 2007 but returned in June to head the entire capital markets business as part of Lehman's effort to deal with its financial problems.

Gelband was to receive millions in bonus dollars in connection with Barclays plc's acquisition of Lehman's North American investment banking business.


Investment bank Duff & Phelps Corp. is expanding its mergers and acquisitions practice. The firm hired 20-year M&A veteran Jon Melzer as a managing director in New York. Melzer arrives from Trenwith Group LLC, where he served on the board of directors and the fairness opinion and evaluation committees. Before joining Trenwith in November, he was co-head of the M&A group at Houlihan, Lokey, Howard & Zukin Inc., where he served on the M&A commitment and operating committees. Melzer also served as co-head of corporate sales and divestitures at Credit Suisse Group and was a managing director and head of the consumer and industrial products group at PricewaterhouseCoopers Securities.


Robert W. Baird & Co. added Richard Conklin as a managing director on its equity capital markets team. Conklin is based in Chicago.

Before this, Conklin was head of global investment management for ProLogis, an industrial REIT. Prior to that, he spent seven years with William Blair & Co., where he founded and led the firm's investment banking efforts in equity private placements for public companies. Previously, Conklin founded and ran private equity capital markets at real estate investment bank Jones Lang LaSalle.


Rodman & Renshaw Capital Group Inc. named Michael King Jr. head of healthcare, a new position. King was director of research. Also, Christopher James rejoined the firm and will assume research coverage of many of King's stocks as a vice president and senior biotechnology analyst. King joined Rodman in 2005 from Banc of America Securities LLC.


Braveheart Investment Group plc, a technology commercialization and investment management company, appointed Colin Grant as chief financial officer. He also takes the company secretary role from Carolyn Smith, Braveheart's chief investment officer. Colin arrives from Digital Bridges Ltd.


Independent private equity firm Argos Soditic tapped Constance Jay to lead its investor relations team, based in Paris. Jay spent three years with Acanthus Advisers, where she focused on European mid-market buyout funds.


PricewaterhouseCoopers hired director Gary Taylor and senior manager Henrik Buss to focus on telecoms in Europe, the Middle East and Africa.

Taylor spent seven years with KPMG, where he was a telecom strategy expert in transaction advisory services. Buss joins PwC from Analysys Mason in London and has worked at Ernst & Young and Capgemini.


Proskauer Rose LLP expanded its national insurance coverage group, adding Nancy Cohen and Rene Siemens as partners in Los Angeles. Both arrive from Heller Ehrman LLP, where Cohen was managing shareholder of the Los Angeles office and Siemens was a shareholder and co-chair of the office's litigation department and the ethnic diversity committee.


In San Diego, Kirt Shuldberg joined Sheppard, Mullin, Richter & Hampton LLP as a partner in the corporate practice group. Shuldberg previously practiced in the San Diego and London offices of Heller Ehrman LLP. Shuldberg specializes in corporate and securities law.





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