Jefferies Group named Thomas Fetzer as the new managing director of its global industrials group where he'll be responsible for coverage of capital goods clients across German and throughout Central Europe.

Fetzer, who most recently served as managing director in UBS' global industrials group, will be based in Jefferies' Frankfurt office.

"The addition of Thomas Fetzer is part of our ongoing strategy to expand our European industrials investment banking footprint," Benjamin Lorello, Jefferies' global head of investment banking and capital markets, said in a statement. "Thomas’ significant experience in providing strategic M&A advice to capital goods clients, coupled with his excellent reputation with industrial clients in Germany, Austria and Switzerland will add immediate value to our European industrials franchise."

Fetzer has more than 15 years of investment banking experience. Prior to leading UBS' global industrials group, he spent six years at Greenhill & Co. where he was a principal in their German investment banking group.

"We are pleased to welcome Thomas to our investment banking team in Frankfurt," said Roland Sand, head of investment banking for Germany, Austria, and Switzerland. "The capital goods sector is a very important part of our business in the German speaking region and is an integral part of our significant build out of the Frankfurt office which now numbers 20 professionals."