UBS Group Names Evan Raine as New Head of Media and Telecom M&A for the Americas

UBS Group has appointed Evan Raine as the new head of media and telecom mergers and acquisitions (M&A) for the Americas, effective April 14, 2025. Raine will be based in New York, according to an internal memo confirmed by a UBS spokesperson.

With over 30 years of experience in the financial sector, Raine most recently served as Chief Financial Officer at Adams Outdoor Advertising. Prior to that, he spent 14 years at Barclays, holding various leadership positions within its technology, media, and telecom M&A group. During his tenure at Barclays, Raine led significant strategic transactions for companies such as Cox Media Group, Endeavor, Clear Channel, Univision, Verizon, and Sprint.

UBS views the media and telecom industry as a significant global fee opportunity and is committed to enhancing its client relationships and advisory capabilities in this sector. Jeff Hinton, global co-head of M&A at UBS, stated in the memo, "We are committed to expanding our client relationships and capabilities in this important sector."

This appointment follows the March hiring of Ethan Sawyer as global head of media from Guggenheim Securities. It also comes after the departure of Aly Alibhai, who left UBS last year to join Deutsche Bank as its new head of North America M&A.

The addition of Raine is part of UBS's broader strategy to strengthen its position in the media and telecom M&A advisory space. By bringing in seasoned professionals with extensive industry experience, UBS aims to capture a larger market share and enhance its advisory services in this key sector.

In August 2023, UBS underwent a reshuffling of its technology, media, and telecommunications (TMT) team, elevating several bankers as part of its strategy following the takeover of Credit Suisse. The bank appointed Laurence Braham, who joined from Barclays, as global co-head of technology, and Neil Meyer, also from Barclays, to co-lead media and communications dealmaking globally.

The appointment of Evan Raine underscores UBS's commitment to expanding its presence in the media and telecom M&A sector. With his extensive experience and proven track record, Raine is expected to play a pivotal role in driving growth and strengthening client relationships in this key industry segment.