(Bloomberg) -- JPMorgan Chase & Co. has hired Ray Raimondi from Citigroup Inc. to lead its mergers and acquisitions business focused on private equity firms and sovereign wealth funds in the Americas.
Raimondi, who’s based in New York, will join JPMorgan later this year as head of North America Strategic Investor Group M&A, according to a memo reviewed by Bloomberg News.
He’ll be accountable to Anu Aiyengar, JPMorgan’s global head of advisory and M&A. A representative for JPMorgan confirmed the contents of the memo. A spokesperson for Citigroup declined to comment.
Raimondi was most recently head of global financial sponsors and alternative investors M&A at Citigroup. With 27 years of M&A experience, including leading global industrials M&A at Credit Suisse and Barclays Plc, he’s also worked at Lehman Brothers, Lazard Inc. and Donaldson, Lufkin & Jenrette.
(Adds Citigroup response in third paragraph.)
©2024 Bloomberg L.P.
