Brady Dougan clinched a $3 million investment from a company headed by a former Credit Suisse investment banker for his new venture. It is part of what is poised to be as much as $200 million in fresh funding for the ex-Swiss bank CEO.
Hamilton Global Opportunities said Wednesday it is investing $3 million in Exos Financial as part of a funding round that is expected to be $100 million to $200 million in total.
Credit Suisse Links
Both companies have links to Credit Suisse. Hamilton is headed by Gustavo Perrotta who was an investment banker at Credit Suisse for 14 years before leaving to set up Hamilton, according to the company’s website.
Hamilton is an investment company focusing on technology investments, including fintech, principally in the U.S. and Israel.
Exos CEO Brady Dougan previously had the same role at Credit Suisse. He spent the entirety of his career for either Bankers Trust or CSFB, later Credit Suisse. Dougan's stint in Switzerland made him vastly wealthy.
New Venture
He was famously paid nearly 90 million Swiss francs ($97 million) in one year by Credit Suisse, under pay plans from two separate years. Dougan was replaced by Tidjane Thiam in 2015 and set up Exos with several Wall Street associates two years later.
The firm is building a data-enabled institutional finance platform designed to deliver the full suite of investment banking services in a modern and interconnected way, the press release said.
«Exos is a prime example of how our network allows HGO to access deal ecosystems of the highest quality in order to provide superior if not exceptional returns to our investors,» Perrotta said in the press release.
