Lombard Odier Plans Hiring Push as Bank Bets on Private Markets

Lombard Odier is planning a major recruitment drive to build up its private-markets offerings for the world’s rich, joining a wave of investment firms boosting their focus on the sector.

The Swiss bank intends to roughly double its team of about three-dozen people in coming years as it expands offerings in private debt, venture capital and private equity, managing partner Jean-Pascal Porcherot said.

“In the end, it’s going to be a very large team,” Porcherot, 51, said in an interview. “We have a five-year business plan where we are going to hire quite a significant number of people.”

Jean-Pascal Porcherot

Source: Lombard Odier

Lombard Odier is among ...