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| Isaacs: On our own terms |
Almost unnoticed, Lehman Brothers has managed to position itself to become a formidable player in European investment management. Over the past two years, the US house has been quietly building up its investment management platform in Europe, encompassing asset management, private equity and private wealth management businesses, and now looks set to cement its position with the appointment of Thierry Sciard. Sciard, former global head of capital markets at Calyon, is taking on the newly created role of head of investment management for Europe, overseeing all three business sections and piecing together the businesses that Lehman has accrued.
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