UBS appoints Dyment as global head of hedge fund distribution
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UBS appoints Dyment as global head of hedge fund distribution 25 June 2011New York Reporter: Justin Lawson
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UBS today announced the appointment of John Dyment as global head of hedge fund distribution, based in New York. Dyment will be responsible for the management and development of UBS's strategically important hedge fund franchise, with global functional responsibility for sales, capital introduction and business consultancy services to the hedge fund community within Global Prime Services and have responsibility for coordinating all hedge fund sales activities across the Investment Bank's FICC and Equity Divisions.
He joins UBS from Shumway Capital Partners, which at its peak was a $9 billion multi-asset hedge fund based in Greenwich, CT. Prior to Shumway, where he was president, Dyment was managing director at Deutsche Bank, where he managed the Global Hedge Fund Capital Group. Prior to Deutsche Bank, Dyment worked for Goldman Sachs, building the firm's capital introduction and consulting services businesses.
Commenting on the appointment, Yassine Bouhara, UBS Co-Head of Global Equities, said: "The hedge fund business presents a significant opportunity for our global investment banking franchise. John comes to UBS with deep knowledge and experience, and we are pleased that he will lead our hedge fund distribution business globally. We are equally pleased to demonstrate continued investment in our senior team in the Americas, which is of critical importance to our global business."
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