The FINANCIAL -- Credit Suisse on May 26 announced that Cameron Lester will rejoin Credit Suisse as Head of Global Internet Investment Banking, within the Technology Group of the Investment Banking Department.
Mr. Lester joins Credit Suisse from Azure Capital Partners, where he was a Founding General Partner. Prior to that, he worked with the Credit Suisse Technology Group in the role of Head of Software Investment Banking, from 1998 to 2000. Through the course of his 20-year career, Mr. Lester has provided strategic and investment advice to numerous leading private and public technology companies, according to Credit Suisse.
David Wah, Global Co-Head of the Technology, Media and Telecom Group, said: “The Internet banking business has been key to the success of Credit Suisse’s Technology Group over the past two decades. The emergence of the Internet, and the connectivity it provides, has fundamentally changed virtually all aspects of our lives – commerce, lifestyle, entertainment and health and fitness, to name just a few.”
Cameron Lester said: “Credit Suisse has a phenomenal platform to provide advice and finance for technology and Internet clients. I am excited to join my former and new colleagues, to serve the needs of entrepreneurs and investors who are transforming our society with innovative and disruptive businesses."
Credit Suisse has been lead book-runner on several of the most successful Internet IPOs in history, including for Google, Baidu and Alibaba, which at USD 25 billion is the largest IPO in history. Having served as book-runner on 53 Technology IPOs since the start of 2013, more than any other bank, its Technology IPO business continues to be one of Credit Suisse’s strongest franchises globally. In M&A, Credit Suisse’s Technology Group continues to advise on many of the most transformative transactions in technology globally.
Mr. Lester will be based in San Francisco and joins Credit Suisse in July.