Hints and tips:
...Clipway has hired executives from Coller Capital and appointed David Enriquez, a managing director at Rothschild’s merchant bank in New York, as a partner....
...The FT last month reported that merchant bank Raine Group is searching for buyers of Italian football club Inter Milan, which is controlled by Nanjing-based electronics retailer Suning....
...“Through this combination, we’re creating a company that is exceptionally well-positioned to create significant value for consumers, small businesses, merchants and shareholders as technology continues to...
...Capital One’s $35.3bn proposed takeover of Discover Financial Services would fuse two leading credit card lenders and give it control of a network that connects consumers, merchants and banks....
...In doing so, they have been increasingly muscling out the traditional Sand Hill Road VC merchants, who like to think they know best how to fund the future....
...US merchant bank and investor The Raine Group led the funding round, said Castore on Thursday, backed by New York and Tel Aviv-headquartered Hanaco Ventures and venture capital firm Felix Capital....
...To maintain the series of dikes and water barriers needed to prevent constant flooding, local potentates, farmers, clergymen and merchants set up a series of regional water boards called Hoogheemraadschap...
...“It’s unusual but I don’t think there’s anything that strikes me as not above board,” said David Erickson, a former equity capital markets banker and lecturer at the University of Pennsylvania....
...The lenders allege it wired the money to Camshaft Capital last year....
...The deal signals the clout of BDT & MSD Partners, a firm founded last year by the merger of Byron Trott’s BDT merchant bank with the Michael Dell-backed investment group MSD Partners....
...While the S&P 500 index tracks the biggest listed American companies, Apollo’s AAA is to be backed by nearly 200 investments made by Apollo’s retirement annuities merchant, Athene....
...Dlocal is a payments processing company that connects merchants with consumers in emerging markets and has partnered with Amazon, Spotify and Microsoft....
...Diamond established Atlas Merchant Capital in 2013 to acquire unwanted assets from banks....
...The trend is further proof of the ambition of alternative asset managers to transcend their origins as mere buyout merchants....
...Abramovich tasked merchant bankers at Raine Group with selling the club following Russia’s invasion of Ukraine....
...Over the weekend, a friend of FT Alphaville shared this article by Indian financial daily LiveMint about BharatPe, a New Delhi-based fintech company that specialises in merchant loan and payments tech....
...China Merchants Bank, the country’s third-largest lender by market value, announced the sudden removal of its president Tian Huiyu, per Nikkei Asia....
...Capital Management, a Seoul-based hedge fund....
...The Illinois-based company, founded in 1952 and sold to merchant bank BDT Capital Partners in 2010, priced 18m shares in the flotation at $14 apiece....
...BDT Capital Partners, the Chicago-based investment and merchant banking group run by Trott, will take a 10.7 per cent stake in the firm through preference shares that will pay a coupon....
...Trott’s Chicago-based merchant banking outfit BDT Capital Partners will invest more than £50m through a $9.1bn fund raised from its wealthy clients last year, people involved in the deal said....
...The move comes just five months after the Wall Street bank reorganised its asset management division, combining it with the former merchant banking unit and placing it under the leadership of Lane and Julian...
...So much, in fact, that founder Gabe Plotkin’s old boss stepped in for a much-needed capital injection....
...Ashburton did not welcome the need to pursue new clients in competition with a number of other more aggressive merchant banks....
...Payments companies help merchants accept in-store or online payments, charging a proportion of the value of each transaction....
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