Wednesday, 29 March 2017
Last updated 19 min ago
Apr 15 2013 | 10:17am ET
Bank of America has landed UBS' capital introductions chief to lead its own hedge-fund fundraising effort.
Robert Sachs was named global head of capital introductions and strategy at BofA's prime brokerage, Bloomberg News reports. He will begin at the bank in the coming months, Stu Hendel, global head of financing products, wrote in an internal memo.
Sachs has served as global head of capital introductions at UBS for the past four years. He formerly worked at Constellar Capital Management, Olympia Capital Management and Credit Suisse.