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Former Citigroup dealmakers team up as boutiques join forces

Heka Advisors and Vestra Advisors, which focus on the construction industry, have entered into a partnership

Richard Moriarty and Cyrus Shabi will work on deals together again
Richard Moriarty and Cyrus Shabi will work on deals together again Photo: Getty Images

Two Citigroup dealmakers who previously co-headed its coverage of the building materials sector globally have teamed up again at the boutique advisors they moved to.

Heka Advisors, which was launched in December by former UBS dealmaker Alexandre Blanchard, has entered into a strategic partnership to work with US-based Vestra Advisors, according to a statement.

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