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UBS Investment Bank Strengthens Healthcare Banking Team By Hiring Four Managing Directors
Wednesday, September 16, 2009 4:51 PM


(Source: Business Wire)trackingUBS Investment Bank announced today that it has hired four senior investment bankers within the firm's Healthcare Banking group. Denis Fabre, Steven L. Fisch, M.D., Les Franks and Holly Sheffield will join the firm's Investment Banking Department (IBD) as Managing Directors. Fisch, Franks and Sheffield will report to M. Robert DiGia, Global Head of Healthcare banking, and will be based in New York City. Fabre will be based in London and report to Doug McCutcheon, Head of Healthcare for Europe, Middle East and Africa (EMEA) and Asia-Pacific (APAC).

"Denis, Steven, Les and Holly are each outstanding in their fields, with proven credibility advising top-tier clients and delivering strategic solutions," said DiGia. "We are thrilled they will be joining UBS and are confident they will continue to strengthen and advance our coverage of the sector, offering unique, strategic advisory and financing solutions for clients."

Fabre will be responsible for the medical technology and services segments of Healthcare in EMEA. He was most recently a Managing Director on the Healthcare Team at Deutsche Bank. Prior to Deutsche Bank, he worked at Lehman Brothers and Bear Stearns. Denis has an MBA from The Wharton School at the University of Pennsylvania, and a degree in Business Administration and Finance from HEC, Ecole des Hautes Etudes Commerciales, France.

Fisch will have responsibility for the Firm's life sciences coverage efforts. Fisch has worked for the past 16 years advising clients, including time spent at Credit Suisse as Co-Head of Life Sciences and at Citi as Co-Head of US Healthcare. He most recently worked as an independent consultant advising healthcare companies and has also worked for the Adaptive Design Association, a nonprofit that makes customized equipment for children with disabilities. Fisch holds an MD from the College of Physicians and Surgeons at Columbia University and was a resident in Internal Medicine at New York-Presbyterian Hospital. He holds a BA from the University of Pennsylvania.

Franks will oversee sectors within Services including distribution, pharmaceutical services and healthcare information technology. He will join UBS from Thomas Weisel Partners where he was a Managing Director on their healthcare team. He previously spent eight years at Banc of America Securities, most recently as a Managing Director. Earlier in his career, Franks worked at UBS in the Healthcare group. Franks holds an MBA from the Columbia Business School and a BS from University of Georgia, Athens.

Sheffield will be responsible for banking coverage for all subsectors of medical technology.



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