Former Citigroup technology banker joins Jefferies

6 January 2011

Michael Tedesco, a former technology director at Citigroup, is to join the investment banking unit at the Jefferies Group.

According to the securities and banking business, Mr Tedesco is to be hired as global head of Technology Mergers and Acquisitions and US head of Mergers & Acquisitions at its investment banking division.

Previously, the new post holder was employed as managing director and head of Technology Mergers & Acquisitions at Citigroup.

Benjamin D Lorello, global head of Investment Banking and Capital Markets at Jefferies, said: “Michael Tedesco is one of the most accomplished M&A bankers in the technology sector.

“His experience in advising on some of the most prominent technology, M&A sellside, buyside and takeover defense transactions, and his broader reputation in the mergers and acquisitions field make him the ideal person to lead our global technology M&A practice and to further expand our US M&A franchise.”

The role will see Mr Tedesco employed as a managing director at Jefferies and based at the firm’s offices in the Silicon Valley.

By Jim Ottewill

Become a bobsguide member to access the following

1. Unrestricted access to bobsguide
2. Send a proposal request
3. Insights delivered daily to your inbox
4. Career development