Hedge Funds

Donald Putnam ramps up boutique targeting hedge fund mergers


Leading hedge fund investment banker Donald Putnam is losing no time in building out his new firm, Grail Partners.

The Boston-based investment management merchant bank, which will make advising hedge funds and their buyers a major part of its business, is expected to soon announce a new London-based partner with significant international alternative investment experience.

Today, Putnam announced that Darlene T. DeRemer has joined his firm as a partner from Putnam Lovell NBF, where she had co-authored a white paper on the institutionalization of hedge funds with Putnam and another Putnam banker, Joe Hershberger.

Donald Putnam had headed