Rothschild & Co has hired Bob Berry to its global advisory business in North America as a managing director in the financial sponsors Group. Berry will help manage and grow the firm’s relationships with private equity clients and will be based in Boston.

Rothschild & Co has also opened a new office in Boston.

“Bob’s hiring significantly strengthens our private equity franchise and roster of accomplished advisors,” said Jimmy Neissa, head of Rothschild & Co North America. “His impressive M&A experience and excellent reputation will be a great asset to our clients as we continue to enhance our team in the U.S. and build our presence in Boston. It is a pleasure to welcome Bob to the firm.”

Neissa continued, “Boston represents another important market for Rothschild & Co. We see tremendous opportunities to deliver unparalleled global capabilities and perspective to both current and future clients in the U.S., in collaboration with our offices around the world.”

Previously, Berry was a managing director in the financial sponsors Group with Truist Securities. Prior to this, he headed the consumer and retail groups at both Truist and Raymond James.

Berry stated, “Rothschild & Co has expanded immensely in North America over the last several years and I am honored to have the opportunity to establish and grow the firm’s presence in Boston. Rothschild & Co is well positioned to grow its leading private equity group, and I am excited to continue that momentum and provide clients with exceptional advice in the region.”