(Reuters) - NEW YORK, June 29 - UBS investment
banking executive Jeffrey McDermott, who in March announced he
was quitting to pursue new opportunities, on Friday said he was
joining a start-up private equity fund that will invest in
distressed industrial companies.
McDermott, in an internal memo obtained by Reuters, said he
was joining Stony Lane Partners, a private equity firm being
formed by veteran corporate turnaround executive Michael
Heisley and other restructuring specialists.
Read more at Reuters.com Mergers News
banking executive Jeffrey McDermott, who in March announced he
was quitting to pursue new opportunities, on Friday said he was
joining a start-up private equity fund that will invest in
distressed industrial companies.
McDermott, in an internal memo obtained by Reuters, said he
was joining Stony Lane Partners, a private equity firm being
formed by veteran corporate turnaround executive Michael
Heisley and other restructuring specialists.
Read more at Reuters.com Mergers News
No comments:
Post a Comment