Credit Suisse

Harris Williams Hires Jonathan Abecassis as Managing Director, Private Capital Advisory

Retrieved on: 
Tuesday, January 9, 2024
Banking, Professional Services, Finance, Abecassis, Harris Williams & Co., LP, Trust, University, GP, Economics, Credit Suisse, Head, Growth, Financial services

Harris Williams, a global investment bank specializing in M&A and private capital advisory services, today announced that Jonathan Abecassis has joined the firm’s London office as a managing director in the firm’s Private Capital Advisory Group, focused on providing a full range of primary and secondary advisory and related capabilities for clients in Europe.

Key Points: 
  • Harris Williams, a global investment bank specializing in M&A and private capital advisory services, today announced that Jonathan Abecassis has joined the firm’s London office as a managing director in the firm’s Private Capital Advisory Group, focused on providing a full range of primary and secondary advisory and related capabilities for clients in Europe.
  • Mr. Abecassis most recently served as a managing director and head of capital solutions and GP advisory in the EMEA and APAC regions at Credit Suisse.
  • “Jonathan is an exceptionally experienced advisor with a deep network of institutional relationships, and we believe his addition to our Private Capital Advisory Group will accelerate our ongoing growth and success throughout Europe.”
    Eric Zoller, managing director and head of private capital advisory at Harris Williams, said, “Jonathan brings nearly two decades of experience advising a range of clients across the spectrum of GP-led structures, LP fund interests, and direct minority and control investments.
  • I am excited to join the firm at this inflection point for the Private Capital Advisory Group.”
    Mr. Abecassis earned a B.A.

Newly Launched BDC Overland Advantage Announces Board of Trustees

Retrieved on: 
Thursday, January 11, 2024
Senior, Region, Lazard, JPMorgan Chase, Chairperson, Corporation, Plainfield Asset Management, CFO, Wells Fargo, Credit Suisse, Trustee, Bain, Executive, Growth, Investment, Management

NEW YORK, Jan. 11, 2024 /PRNewswire/ -- Overland Advantage, a newly launched business development company that benefits from a strategic relationship between Centerbridge Partners and Wells Fargo & Company, today announced the appointment of its Board of Trustees.

Key Points: 
  • NEW YORK, Jan. 11, 2024 /PRNewswire/ -- Overland Advantage, a newly launched business development company that benefits from a strategic relationship between Centerbridge Partners and Wells Fargo & Company, today announced the appointment of its Board of Trustees.
  • The newly appointed Board comprises:
    Gavin Baiera, Senior Managing Director at Centerbridge, who serves as CEO of Overland in addition to serving as a Trustee of Overland.
  • Carlos Hernandez, founder and CEO of Pensativa Partners, and former Executive Chair of Investment and Corporate Banking at JPMorgan, serves as an Independent Trustee of Overland.
  • Mr. Neuenfeldt, Overland's Board Chair, said, "We believe our trustees bring to Overland the ideal mix of experience and relevant industry acumen to help oversee the launch, strategy implementation and growth of this unique platform.

ChromaCode Announces Appointment of Mark McDonough as Chairman

Retrieved on: 
Wednesday, January 10, 2024
Memorial, Chairperson, Pharming, NGS, Medicine, Biotechnology, Princeton University, Molecular biology, Credit Suisse, Cancer prevention, Genomics, Laboratory, Research institute, Biomarker, Retirement, Doctor of Philosophy, NEA, Nested polymerase chain reaction, Management

CARLSBAD, Calif., Jan. 10, 2024 /PRNewswire/ -- ChromaCode, Inc., a pioneering genomics multiplexing platform company developing accessible and affordable laboratory-based solutions, announces Mark McDonough as Chair of the Board, the retirement of former Chair Carol Gallagher, Pharm.D., and the appointment of Michele Park, Ph.D. to the Board.

Key Points: 
  • CARLSBAD, Calif., Jan. 10, 2024 /PRNewswire/ -- ChromaCode, Inc., a pioneering genomics multiplexing platform company developing accessible and affordable laboratory-based solutions, announces Mark McDonough as Chair of the Board, the retirement of former Chair Carol Gallagher, Pharm.D., and the appointment of Michele Park, Ph.D. to the Board.
  • Mark McDonough, CEO of ChromaCode, becomes Chair of the Board, effective January 1, 2024.
  • Retiring Chair, Carol Gallagher commented, "A year ago, we were fortunate to have Mark join ChromaCode as CEO.
  • Now, we are thrilled to announce the appointment of Mark as Chair of our Board of Directors.

Blue Wolf Capital Announces Promotions Across Business Functions

Retrieved on: 
Thursday, January 4, 2024
Professional Services, Environmental, Social and Governance (ESG), Health, Other Health, Finance, Asset Management, Office management, Massachusetts Institute of Technology, Credit Suisse, Yale University, Culture, Wolf, Blue Wolf, Accenture, Business administration, Material Bank, Administration, Screenvision, Target, Citigroup, Information technology, College, Health care, University, J. P. Morgan, Accounting, Human resources, Partner (business rank)

Blue Wolf Capital Partners LLC (“Blue Wolf” or “the firm”), a middle market private equity firm specializing in the healthcare and industrial sectors, today announced a number of promotions across the firm.

Key Points: 
  • Blue Wolf Capital Partners LLC (“Blue Wolf” or “the firm”), a middle market private equity firm specializing in the healthcare and industrial sectors, today announced a number of promotions across the firm.
  • “I am delighted to share several well-earned promotions that recognize hard work and contributions in support of our firm,” said Jeremy Kogler, Managing Partner at Blue Wolf Capital.
  • Grill, Blue Wolf announced several other promotions, including:
    Mr. Baldwin joined Blue Wolf in 2021 after serving as a Senior Strategy Analyst at Accenture and as an Analyst in the Global Industrials investment banking group at Credit Suisse.
  • Ms. Boxer manages a variety of functions at Blue Wolf including Human Resources, Information Technology, Administration and Office Management.

NEW STATE CAPITAL PARTNERS ANNOUNCES NEW HIRES AND PROMOTION

Retrieved on: 
Thursday, January 4, 2024
Credit Suisse, Associate, JPMorgan Chase, Yan, Consumer, BofA Securities, University of Virginia, Pennsylvania State University, University

NEW ROCHELLE, N.Y., Jan. 4, 2024 /PRNewswire/ -- New State Capital Partners ("New State") today announced it has hired Jason Levy as a Vice President and Yanre Wu as an Associate. It has also promoted Victoria Smorodinova to Vice President from Senior Associate. New State is a middle market private equity firm with over a decade of experience partnering with entrepreneurially minded management teams, typically as first institutional capital.

Key Points: 
  • NEW ROCHELLE, N.Y., Jan. 4, 2024 /PRNewswire/ -- New State Capital Partners ("New State") today announced it has hired Jason Levy as a Vice President and Yanre Wu as an Associate.
  • New State is a middle market private equity firm with over a decade of experience partnering with entrepreneurially minded management teams, typically as first institutional capital.
  • Most recently, Mr. Levy was a Vice President at AOS Capital and prior to that, held positions as a Senior Associate at Guardian Capital Partners and an Investment Banking Associate at Fairmount Partners.
  • Ms. Wu joins New State from BofA Securities, where she was an Associate in the Consumer and Retail Group.

Mizuho Americas Hires Bill Featherston as Managing Director and Head of Research

Retrieved on: 
Wednesday, January 3, 2024
Credit Suisse, Yale University, Research, Equity, Securities research, Growth, UBS, Research fellow

NEW YORK, Jan. 03, 2024 (GLOBE NEWSWIRE) -- Mizuho Americas today announced the hiring of Bill Featherston as Managing Director and Head of Americas Research.

Key Points: 
  • NEW YORK, Jan. 03, 2024 (GLOBE NEWSWIRE) -- Mizuho Americas today announced the hiring of Bill Featherston as Managing Director and Head of Americas Research.
  • He will report to Darlene Pasquill, Head of Equity Division, Mizuho Americas.
  • Featherston brings nearly 30 years of experience in equity research to Mizuho, most recently serving as Americas Director of Securities Research at Credit Suisse.
  • “Bill is a proven leader with a track record in managing people and developing differentiated content,” said Pasquill.

Frank Elderson: Powers, ability and willingness to act – the mainstay of effective banking supervision

Retrieved on: 
Wednesday, January 3, 2024
People, Lehman Brothers, Risk, Regulation (European Union), DNA, Reproduction, Silicon Valley Bank, European Court, Intention, Communication, Risk management, Review, SVB, OJ, Federal Reserve, Materiality, Regulation, Frankfurt, Prudential, Board of directors, Speech, Benchmarking, Supervisory board, Safety, Climate, Aggregation, Central bank, IMF, Justice, Civil service commission, European Central Bank, International Monetary Fund, Silicon, Time, Treaty, Federal, ECB, Credit Suisse, Policy, European Commission, Eye, Compliance, Evaluation, SSM, Audit, BCBS, Observation, Bank

Communication shocks from the US spill over to risk in the euro area and vice versa, but traditional US shocks show no spillover effects to risk.

Key Points: 
  • Communication shocks from the US spill over to risk in the euro area and vice versa, but traditional US shocks show no spillover effects to risk.
  • Both monetary policy and communication shocks spill over to stocks, with euro area information spillovers being particularly strong.

An opportunity to review and improve the EU’s bank crisis management framework

Retrieved on: 
Wednesday, January 3, 2024
Lehman Brothers, Financial Stability Board, Learning, GFC, Risk, DGS, Union, Silicon Valley Bank, Risk management, Global, SRF, Single Resolution Board, Bankruptcy, EDIS, Banco Popular, FSB, See, Speech, UBS, Public sector, Safety, Finance, Commission, Opinion, Central bank, Fear, IMF, SRB, Civil service commission, CHF, Insurance, European Central Bank, International Monetary Fund, Silicon, Household, ECB, ESM, Credit Suisse, European Commission, Eligibility, Single Resolution Mechanism, Bank, Failure, Sale, Credit, Gaps, Compliance, Sis, Signature Bank, COVID-19, Investment, Review, Committee, National bank, Bank failure, Pressure, Buffer

This article analyses the European crisis management framework for banks. It concludes that key areas for improvement are the crisis management options for small and medium-sized banks as well as preparedness for systemic crises. The European Commission’s reform proposal represents an opportunity to implement the lessons learned over the last decade.

Key Points: 


This article analyses the European crisis management framework for banks. It concludes that key areas for improvement are the crisis management options for small and medium-sized banks as well as preparedness for systemic crises. The European Commission’s reform proposal represents an opportunity to implement the lessons learned over the last decade.

Credit Suisse Entities to Pay $10 Million for Providing Prohibited Mutual Fund Services

Retrieved on: 
Wednesday, December 13, 2023
Credit Suisse, UBS, Superior court, Division, Commission, Security (finance)

New Jersey court order caused disqualification of certain Credit Suisse entities

Key Points: 
  • Washington, D.C.--(Newsfile Corp. - December 13, 2023) - The Securities and Exchange Commission today announced that Credit Suisse Securities (USA) LLC and two affiliated Credit Suisse entities (collectively, the Credit Suisse Entities) agreed to pay more than $10 million to settle the SEC’s charges that they provided prohibited underwriting and advising services to mutual funds.
  • According to the SEC’s order, because the New Jersey court ordered that Credit Suisse Securities shall not violate New Jersey securities laws, Credit Suisse Securities and its affiliates were prohibited from serving as principal underwriter or investment adviser to mutual funds and employees’ securities companies pursuant to the Investment Company Act of 1940.
  • The SEC order finds, however, that the Credit Suisse Entities continued serving in these prohibited roles until the Commission granted them time-limited exemptions on June 7, 2023. Credit Suisse was acquired by UBS Group AG on June 12, 2023.
  • “Today’s action holds the Credit Suisse Entities accountable for not complying with eligibility requirements,” said Corey Schuster, Asset Management Unit Co-Chief.

Patria Investments Signs Agreement to Acquire Credit Suisse's Real Estate Business in Brazil

Retrieved on: 
Wednesday, December 6, 2023
Credit Suisse, Real estate, Acquisition, AUM, REIT, VBI, Growth, UBS, IPO, Finance, Real

GRAND CAYMAN, Cayman Islands, Dec. 06, 2023 (GLOBE NEWSWIRE) -- Patria Investments Limited (“Patria”) (NASDAQ: PAX), a global alternative asset manager and market leader in Latin America, announces the signing of an agreement for the acquisition of Credit Suisse's Real Estate business in Brazil (“CSHG Real Estate”), for total cash consideration of up to R$ 650 million (~US$ 130 million).

Key Points: 
  • GRAND CAYMAN, Cayman Islands, Dec. 06, 2023 (GLOBE NEWSWIRE) -- Patria Investments Limited (“Patria”) (NASDAQ: PAX), a global alternative asset manager and market leader in Latin America, announces the signing of an agreement for the acquisition of Credit Suisse's Real Estate business in Brazil (“CSHG Real Estate”), for total cash consideration of up to R$ 650 million (~US$ 130 million).
  • The funds are listed on the Brazilian stock exchange, and together would add up to R$ 12 billion (~US$ 2.4 billion) in assets under management to Patria’s Real Estate platform.
  • Patria has taken significant steps in recent years to scale its Real Estate platform in Latin America, now with a strong presence in Brazil, Colombia and Chile, and more than US$ 3 billion in real estate assets under management as of November 2023.
  • Positioning CSHG Real Estate alongside VBI, Patria is expected to become the largest independent REIT manager in Brazil, reinforcing the attractive opportunities for asset management consolidation in this fragmented market.