Credit Suisse Loses Top Private Equity Banker: As Credit Suisse reorganizes itself, competitors are diving in to poach talent. Now a senior executive from the bank's private equity secondary business is… JeremyDuksin CreditSuisse secondarybusiness
The unit within Credit Suisse's asset management division involved in the purchase and sale of private-equity interests is losing senior secondary private equity banker Jeremy Duksin, according to a «Wall Street Journal» report.
Duksin, who has been with Credit Suisse since 2010 is heading to Robert W. Baird to co-head the investment bank's secondary advisory business, the report said, citing people familiar.Strong growth in the market for secondhand stakes in private capital funds has encouraged banks to launch secondary-advisory businesses, which has led to a continuous talent reshuffle among secondary-advisory executives, the outlet said.
Credit Suisse's secondary-advisory and direct-private-placement businesses sit in a private fund group within asset management and are co-led by David Klein.
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