Ex-J.P. Morgan Exec Joins UBS Private Markets Unit
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UBS Global Wealth Management has hired a former J.P. Morgan executive to join its direct investment group.
Edith Chan joins UBS Global Wealth Management as its Greater China head of direct investment group distribution, according to an internal memo effective June 21. A spokesperson for the bank confirmed the hire.
Chan rejoins the Swiss bank after previously serving in a similar role as its Greater China head of private markets distribution. She was most recently with J.P. Morgan where she also focused on private markets between 2018 and 2020. She previously worked with various private banks and asset managers including HSBC Private Bank and Deutsche Bank.
UBS’ direct investment group focuses on investing in private companies via direct participation in primary and secondary equity share placements.
It is also active in private debt and credit placements as well as real estate and infrastructure funds.
UBS sources such deals globally from its investment bank, asset manager, and network of blue-chip financial sponsors.
Questions & Answers
Q.What is Edith Chan's new role at UBS Global Wealth Management?
What is Edith Chan's new role at UBS Global Wealth Management?
Edith Chan has joined UBS Global Wealth Management as its Greater China head of direct investment group distribution. This appointment became effective on June 21, as confirmed by an internal memo and a bank spokesperson.
Q.Where did Edith Chan work immediately before joining UBS?
Where did Edith Chan work immediately before joining UBS?
Immediately before joining UBS, Edith Chan was with J.P. Morgan from 2018 to 2020. At J.P. Morgan, her work also focused on private markets, similar to her previous and current roles.
Q.What does UBS's direct investment group typically invest in?
What does UBS's direct investment group typically invest in?
UBS's direct investment group invests in private companies through direct participation in primary and secondary equity share placements. The group is also active in private debt, credit placements, real estate, and infrastructure funds, sourcing deals globally.
Q.Has Edith Chan worked for UBS before this current appointment?
Has Edith Chan worked for UBS before this current appointment?
Yes, Edith Chan has rejoined the Swiss bank, having previously served in a similar capacity. Her prior role was as the Greater China head of private markets distribution for UBS.
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