GLOBAL - Susan Douse, formerly of Watson Wyatt and Schroders, has joined a new Boston-based merchant bank as a partner and head of the new London office.
Douse, who left Watson Wyatt where she was a partner and head of the global asset study in March 2004 to join Schroders, and then left later that year, takes up the position with Grail Partners, a new merchant bank specialising in the investment management business.
At Grail, Douse has teamed up with Donald Putnam, who co-founded Grail in February and is its managing partner, and Darlene DeRemer, partner.
“Sue’s understanding of non-US investment management companies and markets, products and business strategies, is unmatched,” Putnam said.
“Darlene DeRemer and I have both worked with Sue for years and I am very pleased that she has decided to join Grail.”
Commenting on her new role, Douse said: “My goal is to extend our strategic relationship with non-US clients, assist our UK clients in the alternative investments arena, and seek incubation opportunities outside the US.”
Before co-founding Grail, Putnam was CEO of investment bank Putnam Lovell NBF. DeRemer was formerly a managing director in Putnam Lovell’s investment banking practice.
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