Bank of America Corp. (BofA) has hired Robert Sachs from UBS AG (UBSN) as global head of Capital Introductions.
In his new role, he will manage the global team that helps hedge funds raise money from pension plans and other investors. He will report to Jon Yalmokas, head of the U.S. prime brokerage, Stu Hendel, global head of the financing products.
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Sachs was global head of capital introductions for the last four years at UBS and previously worked at New York-based investment firm Constellar Capital Management, where he was a founding member.
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