Longtime Alex. Brown Executive to Depart for Private-Equity Firm RedBird Capital

The head of Raymond James’ Alex. Brown unit will step down to take a new position with private-equity firm RedBird Capital Partners, according to sources familiar with the matter.

Haig Ariyan has worked at Alex. Brown since 1996, starting as an advisor in Greenwich, Conn., before eventually ascending to management.Ariyan plans to help RedBird Capital Partners build a new asset and wealth management platform, according to sources.

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