Deal facilitator back at Jeffries-owned firm after stint with Credit Suisse. Karamvir Gosal is back at Jefferies Putnam Lovell, an investment-banking arm of New York-based institutional securities firm Jefferies, after a year with Credit Suisse.

"I'm thrilled to be working with Karamvir again," says Jefferies Putnam Lovell managing director Aaron Dorr. "He will play an important role in working with our clients as they seek to navigate safely and profitably through the current difficult financial straits and beyond."

Deals

Jefferies Putnam Lovell provides investment-banking services to financial-service institutions.

Actually Gosal left New York-based Jefferies Putnam Lovell's predecessor organization Putnam Lovell NBF in June 2007, just as New York-based Jefferies was buying it from Montreal-based National Bank Financial. He'd joined the firm as associate in 2000 and left as a director.

Among the transactions Gosal helped bring about were Piper Jaffray's acquisition of Fiduciary Asset Management, Deutsche Bank's sale of regional offices of Scudder Private Investment Counsel to Legg Mason and Eaton Vance, and the sale of Evaluation Associates Capital Markets to Mellon Financial (now part of Bank of New York Mellon).

Before he joined Putnam Lovell, Gosal worked at Barra Strategic Consulting Group, a consulting unit of Berkeley, Calif.-based financial-risk metrics provider Barra. The consulting group went out of business in 2002.

At Credit Suisse, Gosal was a director of the Financial Institutions Group in the Zurich-based firm's investment-banking division. In this capacity he advised on several transactions in the alternative asset-management space and on the sale of American Beacon Advisors to Lighthouse Holdings.

"I'm excited to rejoin my former colleagues and contribute to the growth of Jefferies Putnam Lovell," says Gosal, who comes back as a managing director. "Under the Jefferies banner, our clients have access to enhanced and significant global capabilities and superlative talent."

Jefferies provides clients with capital markets and financial advisory services, institutional brokerage, securities research and asset management. -FWR

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