Sandler O'Neill, which focuses on the financial services sector, said on Wednesday it hired Aaron Dorr from Jefferies Group (JEF.N) to head its asset management investment banking practice. Dorr, who earlier led the asset management advisory practice at Jefferies Group Inc (JEF.N) , got to know the firm during an auction of SunTrust Banks Inc's (STI.N) asset management business last year. Sandler O'Neill was advising SunTrust. Dorr said he realized Sandler O'Neill "serves clients in a way that we historically had at Putnam Lovell -- that is a high-touch, senior-banker engagement model that I wanted to go back to."
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