280 Bartram Road, Riverside, IL 60546 (MLS #10694331) :: Angela Walker Homes Real Estate Group
Additional Rooms Breakfast Room Office Family Room - Down Mud Room Pantry Deck Workroom Foyer Dresdner Kleinwort prime broking co-head leaves for rival Private Equity News
24 July 2006 Hamish Anderson, Dresdner Kleinwortâs co-head of prime broking, has joined rival Merrill Lynch as a director.
At Merrill, he will be reunited with his former boss Paul Dackombe, who joined from Dresdner in 2004 and has become Merrill Lynch's co-head of global markets financing and services alongside Donald Pepper.
Anderson will specialise in selling fixed income and equity prime broking services to hedge funds.
Merrill Lynch said in March it was combining debt and equity prime broking in Europe, the Middle East and Africa under Ted Platt and Gonzalo Chocano. A bank spokeswoman said it had added more than 30 staff in global markets financing and services. New hires include Sylvan Chackman and Ashley Wilson from Morgan Stanley.
A Dresdner spokeswoman said that, following Anderson's departure, Jesper Bang had taken over as sole head of the bank’s prime broking business, whose clients include the hedge fund set up last year by Julian Treger, an activist investor.
She said: “The business has grown quite a lot in the last year. Hedge funds have been taking second prime brokers and our objective has been to be the second prime broker of choice for medium-sized hedge funds.”
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