Rothschild & Co.’s Global Advisory business announced today that Markus Pressdee and Steven Berger have joined the firm’s North America business as managing directors based in New York.
Pressdee has been named head of North America infrastructure, power & renewables, effective immediately, and Berger has joined the financial institutions group sector team, covering asset management. The additions further strengthen the firm’s presence and reach in North America.
“These are two important hires for us as we expand our coverage in North America and continue to build a roster of leading experts for our clients,” said Jimmy Neissa, head of Rothschild & Co. North America. “Markus’ background and depth of experience will be an asset to our clients and the firm, and we are looking forward to him leading and building the North American Infrastructure, Power & Renewables business.”
He continued, “With the addition of Steven to our Financial Institutions Group sector team, we have added an accomplished advisor who brings a valuable, unique set of experiences that will further benefit our clients. We are delighted to welcome both Markus and Steven to the firm.”
Pressdee previously served as a managing director and the head of the global infrastructure investment banking businesses for both Jefferies and Credit Suisse, before which he was a senior member of the M&A group at UBS. He has advised leading private infrastructure investors, companies and public sector clients on a broad range of acquisitions, divestitures, restructurings and capital raisings over the last two decades.
Berger joins Rothschild & Co.’s global advisory business from Credit Suisse, where he was a member of the Financial Institutions Group, focusing on asset management and insurance coverage. Prior to this, he held roles at MetLife Inc. and J.P. Morgan Securities. His experience includes advising on AIG’s $16.2 billion acquisition of American Life Insurance Company and WisdomTree’s acquisition of ETF Securities’ European Business.
Over the past three years, Rothschild & Co. has made a number of significant senior hires to build out and grow its North America business. The firm has added senior-level hires in New York, Chicago, Los Angeles and Silicon Valley, and it has strengthened its technology, industrials, financial institutions, consumer and healthcare teams in North America.