Merrill Lynch veteran Brad Schwartz has returned to firm to head up its alternative investments sales push in the Pacific Rim. In his new role, Schwartz will sell hedge fund and private equity products, including structured products, to Merrill’s institutional and private banking clients.
As Pacific Rim head of alternative investments origination and sales, he will report to Abhinav Gorawara, head of equity structured solutions for the region. Schwartz, who spent 11 years at the investment bank in institutional sales, focusing on convertible bonds and equity derivatives, rejoins the firm from Vectors Research Management, where as chief operating officer he helped develop mortgage- and asset-backed hedge fund products.
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According to a survey of 300 executives by Ernst & Young, the world’s biggest companies are poised to increase spending cleantech solutions. More...