Job Market Pulse: UK firm builds credit team, BofA hiring junior markets bankers
In the latest hiring news roundup, Bank of America hires junior markets bankers, private equity firms eye African expansion and a UK asset manager needs US staffers.
BofA getting younger in markets division
While cutting veteran staffers in its markets division, Bank of America is adding junior bankers within the unit. The recent 5% cut in headcount was just “day to day expense management” to help counterbalance the coming influx of junior hires.
Henderson building emerging credit team
UK investment firm Henderson Global Investors is building an emerging market credit team. The firm has hired Steve Drew, a former partner at Thames River Capital, to run the team.
UK asset managers need US talent
UK firm Schroders is looking to woo US asset managers to help build out its first US multi-asset retail funds.
Carlyle, others adding Africa-focused PE staffers
With its pipeline rather full, private equity firm Carlyle is looking to hire “three to four” more people within its Sub-Saharan Africa buyout advisory team, according to Marlon Chigwende, the group’s co-head. Rivals KKR and Blackston are also looking to hire dealmakers in the region.
Regulatory consulting firm actively hiring
Oyster Consulting, recently named the Best North American Regulatory Advisory Firm by Hedgeweek, is on a bit of a hiring spree.
Fresh London startups
Five new hedge funds and private equity firms have launched in London over the last two months. While there’s no guarantee that they’re hiring right now, they’re worth keeping an eye on.
BlackRock staffing up Boston office
BlackRock’s ETF business is looking to recruit asset managers to its Boston office. It just added MSCI veteran Phil Juliano to run the unit.