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UBS Nabs Citi’s Ridley-Thomas for Technology Private Placements

UBS Group AG hired former Citigroup Inc. banker Sinclair Ridley-Thomas as head of technology private placements, according to people with knowledge of the matter.

Ridley-Thomas, who’s based in San Francisco, is set to join next month, reporting to Paul Crisci, global head of private markets and global co-head of technology, media and telecommunications, and Alan Felder, head of Americas private financing markets, said some of the people, all of whom asked not to be identified discussing the hiring. A UBS spokeswoman declined to comment, as did Ridley-Thomas and a Citigroup representative.