Turnabout is fair play, so Deutsche Bank, which recently lost its capital introduction to Bank of America Merrill Lynch, has turned to the same firm to replace him.
Anita Nemes is set to replace Sean Capstick as global head of capital introduction. She will begin her new job in October, having left BofA last week. According to her new bosses, Nemes “will spearhead the ongoing effort to provide Deustche Bank’s hedge fund clients with access to institutional sources of capital, which has been one of the most significant growth areas for hedge funds since 2008.”
Nemes was global head of capital introduction at BofA. She worked at the firm for a decade.