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Credit Suisse Hires Kaufman From Deutsche Bank for Power Group

April 23 (Bloomberg) -- Credit Suisse Group AG has named Jonathon Kaufman a managing director in its power and renewables group, according to a memo obtained by Bloomberg News.

Kaufman, formerly a managing director at Deutsche Bank AG, will join Credit Suisse in New York in July and report to John Cogan and Ahmad Masud, co-heads of power and renewables investment banking in the Americas, according to the memo.

A spokesman for Credit Suisse confirmed the contents of the memo.

Kaufman is the second recent addition to Credit Suisse’s power and renewables group in New York, after the Swiss bank hired Frank Napolitano from RBC Capital Markets.

To contact the reporter on this story: Matthew Monks in New York at mmonks1@bloomberg.net

To contact the editors responsible for this story: Mohammed Hadi at mhadi1@bloomberg.net Elizabeth Wollman

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