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

Tolani joins from boutique investment bank Moelis & Co. and will be based in New York and report to John Richert, head of regional investment banking, reported Bloomberg News. He spent 15 years at Moelis, where he most recently focused on originating deals involving healthcare payers. He also advised private equity firms and founders on sales of companies and worked on corporate carve-out deals, according to Bloomberg.