Source: Bank of America
Bank of America today announced that Harry van Dyke will join the company to head a newly formed Transaction Development Group in Banc of America Securities.
Van Dyke, who is expected to start in June, will be based in New York and will report to Brian Brille, Global Head of Investment Banking.
As Head of the new group, van Dyke will lead an effort to drive revenue growth through the origination of transactions across the different industry groups in Global Investment Banking. In his role, van Dyke will focus specifically on generating growth in financial sponsor leveraged buyout activity, financial sponsor portfolio transactions, strategic M&A and significant capital market and restructuring activity.
"Given his unique background and experience, as the architect of one of the only groups of this type on the Street, Harry is the ideal candidate to lead this charge. We are enthusiastic about his joining us in June and look forward to his contributions," said Brille. "Being able to deliver superior, value-added ideas to financial sponsor and corporate clients will be a critical differentiator for us in the marketplace. Further, our broad base of corporate banking relationships provides a perfect platform for the creation of this channel to develop and deliver creative opportunities to our clients," Brille added.
Van Dyke will come to Bank of America following a 23-year career at Morgan Stanley. Most recently, he was head of Morgan Stanley's Transaction Development Group and co-head of the North American Financial Sponsors Group. Over the course of his tenure, he held a number of senior posts globally, including head of Asian M&A and Latin American M&A.
Van Dyke received an MBA from Harvard and a BA from Yale.