JPMorgan managing director Anthony Brasher is the latest investment banker to jump ship to the recently launched Barrenjoey Capital.
Mr Brasher has worked at JPMorgan since 2016 where he has headed the Financial Institutions and Government Group for the Australian investment banking arm.
He is a board member of Baseball Australia, was earlier president of Baseball NSW and has worked in the past for Credit Suisse and Deutsche Bank.
His departure comes after JPMorgan’s Australian real estate investment banking head Rob Stanton was recently hired by Barrenjoey after working at the bank since 2007.
The newly formed Barrenjoey Capital is headed by former top UBS Australia investment banking operatives, including Guy Fowler, and has been on a major hiring spree ahead after launching this year.
Last month, it 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.
In the past year, JPMorgan hired former Credit Suisse banker Duncan Mann to head up its private equity and industrial company coverage.
Meanwhile, Highbury Partnership has hired former UBS real estate banker Ben Roberts.
Mitsubishi Chemical joins BGC competition
Speculation is mounting that the Mitsubishi Chemical Group is pursuing the assets being sold by Buckeridge Group of Companies.
Metals Acquisition raises equity after passing on $1bn Portuguese acquisition
Metals Acquisition is understood to have been looking to buy Portuguese mine Neves-Corvo but has now moved on.