Dresdner Kleinwort Wasserstein has hired Adam Parten as a managing director responsible for US telecoms clients in its corporate finance and advisory business in New York.

Parten joins after two years at Pearl Street Ventures, a trading company that he founded. Prior to that he was a managing director at Credit Suisse First Boston. He has also worked for Donaldson, Lufkin & Jenrette, which was bought by CSFB in 2000, Lazard and Lehman Brothers.