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James R. Schaefer joins UBS as Managing Director in its global power investment banking sector
UBS announced today that James R. Schaefer has joined as Managing Director in the Global Power Investment Banking Sector. Mr. Schaefer will be based in New York and will report to Walter S. Hulse III, head of the Global Power Investment Banking Team.
In his new role, Mr. Schaefer will be responsible for coordinating coverage of power and utility clients in the U.S.
Mr. Schaefer joins UBS from Lehman Brothers where he was a Managing Director in their Power Group. Mr. Schaefer joined Lehman from Salomon Brothers in 1998 and was responsible for power and natural resource accounts at both firms.
"I'm very excited that Jim has decided to join UBS," said Walter Hulse. "Jim has worked on a number of high-profile transactions throughout his career and I look forward to him using this expertise with our key power clients."
Mr. Schaefer earned his MBA in Finance (with Honors) from the University of Michigan in 1995 and his B.S. in Business Administration from the University of Vermont in 1990. Mr. Schaefer was Alpine Ski Coach at University of Vermont in 1993 and guided the team to an NCAA Division 1 National Championship that year.
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Inquiries: Kristopher A. Kagel: +1 212-882-5691 of UBS
New York , February 21, 2006