June 26 (Reuters) - J.P. Morgan has hired
Anthony Diamandakis as the vice chair of its strategic investors
group as it ramps up its push to strengthen ties with asset
managers and financial sponsors, according to a memo seen by
Reuters on Thursday.
Diamandakis was most recently a top dealmaker at Citigroup ( C/PN )
, where he spent nearly 11 years. Prior to that, he also
had a 17-year stint at Credit Suisse.
J.P. Morgan's efforts to bolster its ranks by bringing on an
industry veteran underscore its sharpened focus on an
influential client base.
Financial sponsors such as private equity funds, sovereign
wealth funds and family offices control trillions in deployable
capital and are driving some of the biggest deals globally.
Diamandakis will report to Avery Whidden, global head of
infrastructure and strategic investors group at J.P. Morgan, the
memo said.