BofA U.S. Cap. Intro. Chief To Hedge Fund, Hammond Promoted

Jul 24 2012 | 11:15am ET

Bank of America's U.S. capital introductions chief is leaving the bank.

Justin Fredericks will "pursue other opportunities," global cap. intro head Michael Terry said in an internal memo. Reuters reports that those opportunities will come at an unidentified hedge fund.

Elizabeth Hammond will take Fredericks' place as head of U.S. Capital Strategy, the memo said. She has been with BofA for three years, joining after a stint at Citigroup's capital introductions group.

Fredericks spent 11 years at Merrill Lynch and BofA. He will leave within the next few weeks.


In Depth

Exotic Assets: Investing In Rare Violins

Jan 17 2017 | 4:43pm ET

By definition, alternative investments include exotic assets far beyond your typical...

Lifestyle

'Tis the Season: Wall Street Holiday Parties Back In Fashion

Dec 22 2016 | 9:23pm ET

Spending on Wall Street holiday parties has largely returned to pre-2008 levels...

Guest Contributor

The Trump Administration: What It Could Mean for Carried Interest

Jan 19 2017 | 5:25pm ET

The arrival of the Trump administration brings the potential for a repeal of the...

 

From the current issue of

Versum Materials (VSM), with a market capitalization of $2.7 billion, enables chipmakers to achieve higher performance at lower cost with enhanced reliability. Versum is a leading global provider of electronic materials for the integrated circuit and flat-panel display markets.