Bloomy's Babe Heeds Wolfensohn’s Call

Feb 15 2007 | 4:23pm ET

Diana Taylor, former New York State superintendent of banks and the apple of New York City Mayor Michael Bloomberg’s eye, is stepping out of the public sector and into the more lucrative private sector. She is joining Wolfensohn & Company, a private equity firm and an advisor to corporations and governments, as a managing director effective March 15.

“I am extremely pleased that Diana has decided to join us,” James Wolfensohn, chairman, said. “Diana's experience in investment banking and her special knowledge of the banking, housing and energy sectors will be invaluable to the firm's clients. In addition, I believe Diana's broad expertise will be a great asset to us in our private equity investment activities.”

In her role as superintendent of banks, Taylor oversaw over 3,500 financial institutions with assets totaling over $1.5 trillion, including chartered banking institutions and over 80% of the foreign banks that do business in the United States. Taylor is no stranger to the Wall Street crowd, having started her career as an investment banker with Smith Barney, then working at Lehman Brothers and Donaldson Lufkin & Jenrette.

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    One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…