IDD Daily Updates and Restructuring Alert Weekly Updates, our email alerts
BarCap Adds Former BofA Banker To Power Team
Exec was most recently a managing director and head of natural resources M&A at Bank of America.
July 22, 2008
A day after announcing a new head to its US infrastructure finance business, Barclays Capital named Thomas Rosén as a managing director to build up the firm’s power sector business.
BarCap, the investment banking unit of Barclays Bank, said Rosén will focus on advising power companies on corporate strategy and divestitures of power generation assets. He will be based in New York.
Rosén comes to BarCap from Bank of America, where he was most recently a managing director and head of natural resources M&A for eight years. Before joining BofA, he spent nearly 13 years at Chase Securities, where he was head of utility and power M&A before joining BofA in 2000.
Rosén originally planned to join Sagent Advisors, as reported by IDD on June 26.
“We are focused on growing our market share across investment banking and have made several senior appointments to broaden our coverage of key industries,” said Jim Glascott, head of investment banking & debt capital markets, Americas. “Over more than two decades on Wall Street, Thomas has established a well-deserved reputation as a trusted advisor to senior executives in the power and utility industries on a range of strategic issues. Our clients will undoubtedly benefit from his counsel.”
BarCap continues to expand its investment banking coverage areas, adding several senior executives in key areas across debt, equity and M&A. In addition to Tuesday’s announcement, in recent months the firm has built up its coverage in the healthcare, retail and industrial sectors. As reported yesterday, the firm named Trace McCreary as managing director and head of US infrastructure finance.
For more information on related topics, visit the following:
