People News: JPMorgan, Goldman Sachs

Departure

JPMorgan named James C. Ferguson to run the unit that helps private-equity and hedge funds with accounting, valuation and other administrative tasks after trades.

Bloomberg News reports that Ferguson, a 14-year veteran of JPMorgan, will oversee the Global Alternative Investment Services team, according to a memo last week from the bank.

He will report to Stephanie Miller, who held the investment-services position until being promoted to head of Global Fund Services in March 2014.

In the meantime, Bloomberg also reports that Goldman Sachs, the top merger adviser in 2014, said investment-banking co-Chairman Gordon E. Dyal will leave after 16 years at the firm.

Dyal, 53, ran the merger business for seven years before taking his current role, which he shares with Christopher Cole and Alex Dibelius, both 55. 

JPMorgan Picks James Ferguson to Oversee Hedge-Fund Services

Goldman’s Investment Banking Co-Chairman Dyal to Leave Firm

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