A little more than a month after George Boutros jumped ship to join Frank Quattrone's Qatalyst Group, Credit Suisse has found a replacement, tapping Frederick Terrell to serve as vice chairman of the firm's investment banking group.
Terrell is arriving after serving as a managing partner and CEO of private equity firm Provender Capital Group. Terrell launched Provender back in 1996, alongside CS veteran Pilar Esperon. It is unknown what Terrell's departure will mean for the firm, which has invested in the likes of Carver Bancorp, the Walking Company, Vanguarde Media and the Diversity Channel, among others. One of Provender's more successful deals was its co-investment in Prestige Brands, alongside MidOcean Capital.
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