May
14
Bank of America Merrill Lynch Opens Private Fund-Raising Arm for Start-Ups
ByBank of America Merrill Lynch has set up a group to help companies raise money through private fund-raising, the investment bank announced in an internal memorandum on Thursday.
To lead its new group, the firm named Sachin Aggarwal and Warren Fixmer, according to the memo, which was reviewed by DealBook.
The creation of what Bank of America calls its “Strategic & Private Capital Solutions Group” is the latest move by a bank to capitalize on helping start-ups raise money without holding an initial public offering…
Bank of America Merrill Lynch Opens Private Fund-Raising Arm for Start-Ups
