A former Bank of America executive, Ciaran O'Kelly, a wiry Irishman, is running Nomura's expanded equities operations.
Joe Buono, 26, an equities operations analyst on Wall Street, said he hesitated when his girlfriend, Marisa Abdoo, 27, an account executive at a public relations firm in Manhattan, gave him the key to her Upper West Side apartment for Christmas.
Bain & Company's patriarch, Bill Bain, persuaded Mr. Romney, one of his rising stars, and several other young Bain consultants to run Bain's new private equity operation.
Bullion owns 35 percent of the private equity operation, which has $919 million under management, according to the chief executive of EFG-Hermes, Hassan Heikal.
He joined Goldman Sachs, moved on to Morgan Stanley's private equity operation in 1998 and stayed on when the unit separated from Morgan Stanley in 2004 and became Metalmark Capital.
But what surprised many analysts was a 64 percent decline in investment banking revenue, to 1.25 billion francs, mainly driven by a slump in fixed-income trading and sales, but even the company's traditionally strong equity operation reported a drop.
The Raine fund's media industry focus is similar to the early formation of the Quadrangle Group a decade ago when Steven Rattner, a leading media banker at Lazard Fr?s, left the firm with three colleagues to form a private equity operation.
BCCL's ad for equity operation, Brand Capital, insists that it has effective internal rules to prevent conflicts of interest.We have also amended the penultimate paragraph to clarify that the stockmarket regulator's censure came in an interim order.
His departure was announced as part of a revamp that will see his buyouts division combined with the growth capital business to form one private equity operation, which will be run along regional lines.
BCCL's ad for equity operation, Brand Capital, insists that it has effective internal rules to prevent conflicts of interest.In this section Have I got news for you Spreading its wings Bumi's a bum deal for investors Lost Guarded optimism From Picasso to Qi Baishi Scotch on the rocks Fixing the capitalist machine Corrections: Illegal logs and American beers Clarification: BCCL Reprints.
