(Bloomberg) -- A boutique firm launched by a former Goldman Sachs Group Inc. banker has hired two bankers from the financial institutions groups at Deutsche Bank AG and Wells Fargo & Co.
Federico Chapto is joining Edgar Matthews & Co. as a managing director from Deutsche Bank and will focus on commercial finance and alternative asset management. Hamadi Benmustapha from Wells Fargo will be a principal and will focus on alternative asset management, according to a statement reviewed by Bloomberg News.
The two, based in New York, will report to Chief Executive Officer Matt Edgar.
Chapto spent nine years at Deutsche Bank and was most recently a director in FIG. Before Deutsche Bank, he worked at Raymond James Financial Inc. as a sell-side equity research analyst.
Benmustapha previously worked at Waterfall Asset Management and spent 13 years at Houlihan Lokey.
A representative for Deutsche Bank didn’t immediately respond to a request for comment. A spokesperson for Wells Fargo declined to comment.
Last April, Matt Edgar launched his investment bank, targeting middle-market clients. The firm has worked on six transactions across the specialty finance and asset management sectors so far, according to to its website.
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