The Swiss private bank said it is hiring a Goldman Sachs banker in London, in a bid to target companies, family businesses, and private equity funds with tailor-made deals.
The Geneva-based bank said it is hiring Ante Razmilovic as its new head of structured finance. The British banker and avid sailor is a 21-year veteran of Goldman Sachs, where he is a managing director, the highest rank after partner.
Razmilovic, who has also worked at CSFB and J.P. Morgan, will continue to be based in London and report to Christian Fringhian, a Reyl partner and co-head of the family-owned bank's corporate advisory and structuring arm.
The move represents a major advance in Reyl's efforts to target firms, family-operated businesses, financial firms, and private equity funds with customized transactions and advice.
Seeking Niche
Reyl, which recently exited asset management by selling to Medibanca, is touting itself as a smaller, nimbler alternative to directly tapping capital markets.
«We are excited to broaden Reyl's offering through our new structured finance business which aims to provide funding solutions when traditional capital markets are not available, prohibitively expensive or overly cumbersome,» said Fringhian, an investment banker who joined the Swiss bank in 2013 from Barcap.
Reyl intends for the structured finance business to complement its mergers-and-acquisition and restructuring advice, private debt and private equity services.
