Former Credit Suisse investment bank CEO Christian Meissner has joined an international merchant bank that merged with a firm managing Michael Dell's assets.
Christian Meissner who left Credit Suisse around the time it was announcing a strategic overhaul, has reappeared, joining BDT & MSD Partners, which bills itself as a merchant bank with an advisory and investment platform, according to a report in «Financialnews» (behind paywall) Wednesday.
Meissner who joins the firm as a partner, will work with Sarah Giovanna, a partner based in London, on advisory and investments for founders and owners of family businesses in Europe.
Aggressive Investor
A mere six months after joining Credit Suisse, Meisser was put in charge of the investment bank in April 2021. In November of that year, Meissner said Credit Suisse would be an aggressive investor in dealmakers after many left following the loss of $5.5 billion linked to the collapse of Archegos, according to the story.
Meissner also worked at Bank of America's corporate and investment banking division in the wake of the 2008's financial crisis.
Bank for Entrepreneurs
Before its forced takeover by UBS on March 19, Credit Suisse was striving to become a «bank for entrepreneurs». Now, it looks like Meissner has joined one.
BDT & MSD Partners was established in 2023 through the combination of BDT & Company, the merchant bank founded in 2009 by Byron Trott, and MSD Partners, an investment firm that since 2009 has invested on behalf of Dell Technologies Founder Michael Dell, his family, and other like-minded investors, according to the company's website.
