NEW YORK--(BUSINESS WIRE)--Macquarie Group (Macquarie) (ASX: MQG; ADR: MQBKY) today announced that William Baumgart joined Macquarie Capital as a Managing Director in its Financial Sponsors Group effective August 1, 2011. He is based in Macquarie’s New York office.
Mr. Baumgart joins Macquarie with more than 17 years of investment banking experience working with Financial Sponsors. Most recently, he served as head of the Financial Sponsors Group at Citadel Securities. Prior to his role at Citadel, he was a Managing Director in the Financial Sponsor Group at UBS and an investment banker at Donaldson, Lufkin & Jenrette.
“I am pleased to have Bill join us,” said Jorge Mora, Macquarie Capital’s Head of U.S. Financial Sponsors. “Having previously worked alongside him for a number of years at both UBS and DLJ, the breadth of his experience and the depth of his relationships in the Financial Sponsor community will complement our team, and will help us further develop our business.”
Mr. Baumgart has an M.B.A. from the University of Chicago and a B.A. from the University of California, Los Angeles.
Macquarie Group (Macquarie) is a global provider of banking, financial, advisory, investment and funds management services. Macquarie’s main business focus is making returns by providing a diversified range of services to clients. Macquarie acts on behalf of institutional, corporate and retail clients and counterparties around the world. Founded in 1969, Macquarie operates in more than 70 office locations in 28 countries. Macquarie employs approximately 15,500 people and has assets under management of over $US321 billion (as of March 31, 2011).