Must-know promotions, exits, and hires at firms like Evercore, UBS, and Goldman Sachs

Bank researcher Erika Najarian

Here’s a rundown of hires, exits, and promotions from the past week.  Are we missing anyone? Let us know.

  • Blackstone hired Devin Glenn to be a managing director and the global head of diversity, equity and inclusion, the firm announced Tuesday. Glenn joined Blackstone from Big Law firm Skadden, where she was an assistant DEI director.
  • Gavin Kolt jumped from Moelis to Baird to be a managing director in the firm’s global investment banking team and head of equity capital advisory, the firm announced June 17. Kolt, who was previously a managing director at Moelis, will be based in New York and partner with Anne-Marie Peterson, Baird’s debt capital advisory head, to form a new capital advisory group at the firm. 
  • Evercore hired two bankers from bulge-bracket competitors to beef up its healthcare offerings, Insider first reported:
    • Bradley Wolff, head of West Coast life sciences at Citi, is joining the bank to be a healthcare investment banking managing director. He’s taking a small team of junior bankers with him.
    • Hank Yeh, formerly a vice president at Goldman Sachs, also joined Evercore as a managing director in healthcare investment banking. 
  • After nearly 10 years at UBS, top internet research analyst Eric Sheridan has left the firm and will join Goldman next month, Insider first reported. His hire comes three months after Heath Terry, who had been the business-unit leader for global investment research in technology, media, and telecom, jumped from Goldman to Third Point Ventures.
  • Top bank analyst Erika Najarian is leaving Bank of America after more than a decade and is joining UBS, Insider first reported. It is unclear what role Najarian will fill at UBS, as Saul Martinez has led big bank coverage at the firm since 2016.
  • Alex Danehy is joining Deutsche Bank as head of US CLO syndication, Global Capital first reported June 22. He was previously the executive director for CLO origination at JPMorgan and in his new role will report to Hsiang Lim, Deutsche Bank’s global head of CLO issuance.
  • Portfolio manager Maulin Shah left Citadel, where he worked for nearly five years, to join Millennium, where he will oversee a merger arbitrage strategy, per Hedge Fund Alert. Shah has been waiting out a non-compete after leaving Citadel’s Surveyor unit in early 2020. 
  • Portfolio manager Will Holt left hedge fund Tudor Investment Corp to join ExodusPoint, per Hedge Fund Alert. The futures trader will be based in London in his new role. 
  • MUFG hired Jake Kaercher to be a director of securitized product trading in the mortgage-backed securities trading team, the firm announced Tuesday. Kaercher was most recently a managing director at Stifel Nicolaus, where he spent 12 years, and has also done stints at Merrill Lynch and Piper Sandler
  • Richard Klein joined Raymond James as a senior banker in the recapitalization & restructuring investment banking group. Klein, who joined from Miller Buckfire, has also worked at Jefferies, Houlihan Lokey, and CIT Group.  
  • Jaclyn Bouchard is leaving S&P Global, where she spent nearly ten years in sustainability-related roles, to join private markets data provider Preqin in its newly-created head of ESG role as it aims to boost its efforts around supplying ESG-related data. 
  • Canada Pension Plan Investment Board (CPPIB)‘s head of private equity Shane Feeney is leaving the pension giant to join Northleaf as its new global head of secondaries, per Secondaries Investor.
  • Ajay Kavan, CEO of clothing retailer Matches Fashion, is joining private equity firm KKR as a London-based senior advisor to Europe.

Meredith Mazzilli, Bradley Saacks, Reed Alexander, Aaron Weinman, and Alex Morrell contributed to this report.

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