A boutique advisor set up by the former head of European investment banking at Jefferies is launching a new technology unit in London.
Bacchus Capital, which is led by Peter Bacchus — a former senior dealmaker at Jefferies, who was also global head of metals and mining investment banking at Morgan Stanley — has hired Chris van Wyk as its new head of technology banking advisory, it said in a statement.
Van Wyk has spent much of his career in technology firms, with previous roles including chief executive of Luxembourg-based clean technology firm, Weteq. He has also held senior positions in venture capital firms set up by Mitsubishi Corporation. His focus is likely to be on technology that dovetails with the natural resources sector, and will be based in London.
The hire marks a new direction for the boutique advisor, which has largely…