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Article: Wall Street Unrest Drives Hiring Initiative.(News)
- Article from:
- Mergers & Acquisitions Report
- Article date:
- August 10, 2009
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Byline: Editorial Staff
The M&A market continued to see a lot of movement, which still seems to be driven by the upheaval among the bulge bracket banks. Advent International, for example, signed on Merrill Lynch veteran Bob Wigley as an operating partner, while JPMorgan poached Merrill's former chairman of global M&A William Rifkin.
Meanwhile, mid-market advisors such as TTK Partners, Salem Partners, Piper Jaffray and the Mercanti Group all made notable new hires in June.
Also, the private equity universe may be experiencing a slow talent drain. Ripplewood Holdings and 3i Group each saw executives make the jump to other fields.
Advent ...