Erik Wetter is a Partner of MilleniumAssociates and CEO of its UK subsidiary MilleniumAssociates (UK) Limited.
Erik, a Swedish-Venezuelan by origin, started his career in 1984 at SE Banken International where he joined the bank’s management programme and was later involved in the restructuring and disposal of the bank’s Latin American loan exposure. After an MBA in the US he joined Schroders in 1988 in the UK Corporate Finance Division focusing on UK public M&A transactions. He later moved to the European M&A Team where he became Head of the Iberia Financial Institutions Group, and was part of the team that built an integrated Spanish Investment Banking business. When the investment banking division of Schroders was sold to Citigroup in 2000, he was recruited by Lazard to help build the financial institutions group based in London; at Lazard, Erik had origination and execution responsibilities across Europe with particular emphasis on cross-border transactions.
In his investment banking career, Erik has been involved in a wide range of transactions including advising Banco Santander Central Hispano on its support of Royal Bank of Scotland’s hostile bid for NatWest, the sale of La Previsión Española, the merger of Crest and Euroclear, the possible merger of Nasdaq and the LSE, and the acquisition by HBOS of most of Equitable Life’s assets.
Erik has a BSc (Hons) in Economics from University College London and an MBA from Georgetown University (USA). As part of his MBA he wrote a thesis on debt/equity swaps at Brasenose College, Oxford. Erik speaks Swedish, English, French and Spanish.