Barclays is prioritising data within its technology investment banking franchise as it seeks to increase business with big tech clients, hiring Rob Patterson to lead data and information platforms coverage.
As technology firms become ever more attractive clientele, banks are developing their divisions to match. Barclays has already established itself in the space, leading the Arm IPO in September 2023 and taking financial advisory roles for software firm Epicor and payments company Nuvei Corporation.
Based in New York, Patterson is the latest in a string of hires for Barclays’s franchise, with San Francisco-based David King appointed global head of technology M&A earlier this month. He reports to Kristin Roth DeClark, global head of technology investment banking.
On the appointment, Roth DeClark said: “Rob has outstanding knowledge of the data and information space. His proven leadership capabilities, deep roster of key industry relationships, and extensive transactional experiences will enable him to deliver significant value for our clients. We look forward to succeeding together as a team, and further accelerating our strong momentum in technology banking.”
Patterson has more than 20 years of industry experience, 18 of which have been spent at Morgan Stanley. Most recently, he was a managing director and led the marketing, information and technology-enabled services investment banking division.
Prior to this, he was an investment banking analyst at UBS Investment Bank and spent two years as part of Parametric Capital Management’s hedge fund trading and operations team.
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