Swatman was vice-chairman of investment banking at NM Rothschild from 2001 until his retirement in September 2008, having originally joined the firm in 1979. He started as a corporate financier and subsequently became a managing director and later co-head of investment banking.
NM Rothschild became one of the leading global M&A advisory firms and he was involved in high-profile deals such as the sale of Chubb to Williams, Northern Foods' acquisition of Express Dairies, the IPOs of Vodafone and William Hill.
Paul Downes, founding partner of Merlin, said: "We are relishing the opportunity to work with Philip in developing further Merlin's UK and international franchise, particularly in mergers and acquisitions. He has a wealth of experience in the City and in advising major corporations at the highest level. He also shares a great interest in and understanding of our industry.'
Swatman commented: ‘Merlin has an impressive client base and an excellent reputation in the advisory and corporate community. There will undoubtedly be many changes and opportunities arising from the current financial and economic upheaval, and I believe that we are very well placed to capitalise on them.'