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

Q&A: Decathlon Capital On Revenue-Based Alternative Lending

Oct 30 2017 | 3:49pm ET

The explosion in private credit activity since the end of the financial crisis is...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Saxby: Not All EBITDA Is Created Equal

Nov 30 2017 | 8:02pm ET

Record levels of dry powder are driving competition among private equity firms to...