Investment bankers are hot commodities; BNP creates new equities group
In the latest hiring roundup, private equity firms and corporations are poaching investment bankers, Pimco has seats to fill and BNP is launching a new equities group.
PE firms recruiting juniors, early
Private equity firms like Apollo, Blackstone, Bain Capital and Carlyle Group have just kicked off their recruiting season for investment banking analysts, despite the fact that they won’t start until 2016.
Meanwhile, private equity firms aren’t the only ones to be picking off investment bankers. Corporations are having more success poaching junior and senior bankers as they look to do more deals in house.
Cantor now looks to fixed income
Cantor Fitzgerald just poached two managing directors from Bank of America as it seeks to grow out its fixed income business.
Pimco has holes to fill
A host of executives at Pimco are set to retire this year, leaving the firm in need of experienced investing talent. The bond giant is also still building out its equities business and is looking for stock specialists.
Headhunters are hiring
One important sign that the job market is improving. Recruiters are beginning to hire in droves.
BNP creates new equities group
BNP Paribas is launching a new global equities operation within its asset management arm. New head Simon Roberts has already hired three former colleagues from NewSmith Asset Management.
Hermes hiring grey hairs
Hermes Investment Management is actively filling out its senior ranks, bringing out directors within its investment management office.
Aberdeen making multi-asset push
Aberdeen Asset Management is, once again, allocating more assets to its multi-asset strategy and is hiring.