High profile investment bankers from JPMorgan, Jabe Jerram and Dyson Bowditch, are leaving the US-based bank to join Barrenjoey Capital Partners.
Mr Jerram, currently the Australian co-head of investment banking, and Mr Bowditch, who is JPMorgan’s Australian head of equity capital markets, will become co-heads of equity capital markets at Barrenjoey and are due to start around May.
Mr Jerram joined JPMorgan as its Australian head of ECM in 2016 from Goldman Sachs, where he was head of ECM Syndicate.
He was named the Australian co-head of ECM in January last year.
Mr Bowditch was hired from the Goldman Sachs ECM team in 2017 to work at JPMorgan as its head of syndication in Australia.
The pair are the latest high-profile investment bankers to be poached by the investment banking start-up Barrenjoey, which was launched by top UBS operatives last year, including Guy Fowler.
Late last year, Barrenjoey hired JPMorgan’s Australian head of real estate banking Rob Stanton and managing director Anthony Brasher, who headed the financial institutions banking arm.
It has poached Australia’s most dominant block trader, George Kanaan from UBS, along with its Australian head of infrastructure banking Jarrod Key and his team members, and telecommunications and media banker Peter Nelson.