TITLE

BLACKSTONE HOOKS UP WITH HEALTHCARE TRIO

AUTHOR(S)
Hahn, Avital Louria; Lugo, Denise
PUB. DATE
April 2003
SOURCE
Investment Dealers' Digest;4/28/2003, Vol. 69 Issue 17, p5
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
This article presents information about developments in the field of investment banking as of April 28, 2003. Tony James, Blackstone Group Inc.'s vice chairman and former Credit Suisse First Boston Corp. (CSFB) investment banking chief, has appointed a former CSFB private equity Healthcare team to spearhead its efforts in healthcare. The firm has hired Lodewijk de Vink, Alex Erdeljan and Doug Rogers, to launch Blackstone Healthcare Partners, which will target pharmaceutical and medical products businesses. Bear Stearns Co. has hired Mark Davies to head its credit derivatives unit, starting in May 2003. J.P. Morgan Chase plans to set up an offshore research department in Bombay, India. The firm will hire up to 40 junior analysts and support staff in Bombay in 2003 to leverage that office.
ACCESSION #
9845517

 

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