UBS Adds JPMorgan P.E. Banker Souza

Jul 10 2014 | 6:08am ET

UBS has poached a JPMorgan Chase banker to boost its financial sponsors effort advising private-equity funds.

John Souza will join the Swiss bank in September, The Wall Street Journal reports, citing an internal memorandum. Souza has been with JPMorgan since it acquired Bear Stearns in 2008; prior to working at Bear, Souza made stops at General Electric Commercial Finance, SG Cowen & Co. and Citigroup.

“Our financial sponsors group represents a significant segment of the global fee pool” and is a “strategic focus area” for UBS, Souza’s new boss, U.S. head of financial sponsors Matthew Stopnik, wrote in the memo.


In Depth

Debunking Conventional Investment Wisdom

Feb 8 2017 | 3:22pm ET

Due diligence in the hedge fund world has long involved some combination of the...

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 Future of Private Equity: New Opportunities, New Challenges

Feb 3 2017 | 6:41pm ET

The private equity industry’s astonishing rebound since the financial crisis has...

 

From the current issue of