BofA Nabs UBS Cap. Intro. Head

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.


In Depth

Q&A: TCA Fund Management's Bob Press on Small-Cap Private Equity

Aug 25 2016 | 8:55pm ET

The emergence of private credit as a replacement for traditional bank financing...

Lifestyle

Kiawah: Island Reversal

Aug 24 2016 | 9:59pm ET

Looking for real estate investments but the typical real estate fare isn’t cutting...

Guest Contributor

Old Hill Partners: Embrace Illiquidity

Aug 9 2016 | 2:39pm ET

The age-old financial concept that higher yields are the result of higher risk and...