UBS AG has brought in David Slade as its newest global co-head of leveraged finance, its latest move in a bid to restructure its investment operations.
Mr. Slade joins UBS from the Stockholm-based private equity firm EQT Partners, having served as its partner and co-head of the credit business unit. Prior to EQT, he worked at Credit Suisse as co-head of the European leveraged finance team.
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In his new role at UBS, Mr. Slade will be based out of London and is slated to begin his new role in the middle of May.He will be reporting directly to William Vereker, UBS’ head of corporate credit solutions. Furthermore, Mr. Slade will be tasked with marketing, originating, and structuring leveraged debt, according to a Reuters statement.
Collectively, he will shoulder the role with both Brendan Dillon and Francisco Pinto-Leite, UBS’ respective global co-heads of leveraged finance in the group’s New York branch.