UBS Names Shumway Vet To Lead Hedge Fund Distribution

Jun 24 2011 | 10:38am ET

UBS has appointed John Dyment as global head of hedge fund distribution, based in New York.

In his new role, Dyment is responsible for the management and development of UBS’s hedge fund franchise, with global functional responsibility for sales, capital introduction and business consultancy services to the hedge fund community within global prime services. He also has overall responsibility for all hedge fund sales across the investment bank’s FICC and equity divisions.

Dyment joins UBS from Shumway Capital Partners, which at its peak was a $9 billion multi-asset hedge fund based in Greenwich, Conn. Prior to Shumway, where he was president, Dyment was managing director at Deutsche Bank, where he managed the global hedge fund capital group. Prior to Deutsche Bank, Dyment worked for Goldman Sachs, building the firm’s capital introduction and consulting services businesses.

“The hedge fund business presents a significant opportunity for our global investment banking franchise. John comes to UBS with deep knowledge and experience, and we are pleased that he will lead our hedge fund distribution business globally,” said Yassine Bouhara, UBS co-head of global equities. “We are equally pleased to demonstrate continued investment in our senior team in the Americas, which is of critical importance to our global business.”


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