Quattrone Reunites with Credit Suisse Investment Bankers Boutros, DiLullo

Frank Quattrone, one of the top investment bankers to technology companies during the Internet boom, hired his former deputy George Boutros from Credit Suisse Group AG to join his two-year-old advisory boutique.

He also hired Jason DiLullo, a managing director from Credit Suisse and one of Boutros’s colleagues in San Francisco.

Boutros, 49, will be a senior partner at Qatalyst Group, the San Francisco-based firm said in a statement yesterday. Quattrone, 54, and Boutros led a group of tech bankers for more than 10 years as they jumped from Morgan Stanley to Deutsche Bank AG to Credit Suisse. Boutros remained at Credit Suisse after Quattrone left under pressure in 2003.

DiLullo, 38, who has been at Credit Suisse since 1998, will be a senior partner as well, the firm said.

Quattrone, who managed more Internet share sales in the 1990s than anyone, founded Qatalyst in 2008 and quickly signed up technology companies including Google Inc. as clients. The firm advised Google on Microsoft Corp.’s $44 billion bid for Yahoo! Inc., Data Domain on its sale to EMC Corp. and QuinStreet Inc. on its initial public offering in February.

“I am thrilled to be reunited with George, who was among my closest partners,” Quattrone said in the statement. “He is one of the most experienced advisers in the technology industry, and has participated in many of the most significant and industry-defining transactions of the last twenty years.”

In 2003, the National Association of Securities Dealers filed a complaint accusing Quattrone of giving out IPO shares to favored executives to win investment banking business. A month later, federal prosecutors charged him with obstructing justice.

Legal Appeal

He was convicted in the obstruction case in 2004 and sentenced to 18 months in prison. Two years later, he won his appeal, authorities dropped both cases and he avoided jail. He started Qatalyst in March 2008.

Boutros is one of Credit Suisse’s top dealmakers, based in San Francisco with clients in the technology and health-care sectors. He has advised on more than 300 transactions, including Sun Microsystems Inc.’s sale to Oracle Corp., Google Inc.’s purchase of Youtube, and Pixar’s sale to Walt Disney Co., according to the statement.

To contact the reporter on this story: Michael J. Moore in New York at mmoore55@bloomberg.net.

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