JPMorgan Hires Moelis’s Tolani for Midsize Health-Care Deals

June 5, 2023, 5:07 PM UTC

JPMorgan Chase & Co. has hired Suraj Tolani as a managing director on its regional investment banking team focusing on middle-market, US health-care services companies.

Tolani, who joins from boutique investment bank Moelis & Co., will be based in New York and report to John Richert, head of regional investment banking, according to an internal memo reviewed by Bloomberg News.

Tolani spent 15 years at Moelis, where he most recently focused on originating deals involving health-care payers. He also advised private equity firms and founders on sales of companies and worked on corporate carve-out deals, according to the memo. ...

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