Congratulations to our portfolio company Lantern who have announced today the acquisition of Sonex Financial, a Llanelli-based operator with a particular specialism in working with vulnerable customers. Full details are below.
We have today agreed terms to provide significant capital to support the growth of One Four Nine Group, a new independent financial advice and fund management group in the UK market. Through acquisition and integration, it aims to build a UK-wide business serving the £2.7 trillion savings and investment market.
We are delighted to announce that one of our portfolio companies, Satispay, had a strategic success and recent capital raise.
In an article published in the Financial Times on 15 November 2020, Jerry del Missier explains why he thinks European banks need to cut costs rather than enter into cross border deals. It is Jerry’s belief that “we require consolidation not across borders or between bloated giants, but domestically to reduce fragmentation and eliminate the subscale players.” Click on the link below to read the full article.
Click on the link below to read a Letter to the Editor in response to Jerry’s article of the 15 November 2020 (Tom Groom, EY Head of Financial Services Strategic Cost Transformation for EMEIA, and UK Head of Financial Services Strategy and Transactions). Published 19 November 2020.
Jerry del Missier, Founder and CIO of Copper Street Capital recently recorded a Coffee First podcast. The Coffee First podcast series brings the listener a number of thought provoking conversations with leaders as they share stories of their successes and failures, sometimes serious and at other times lighthearted . In the podcast Jerry shares his perspective and experience of leadership in some of the most challenging times of the financial services industry. Click below to listen on Apple, Spotify or internet browser.
Released 28 August 2020.
A discussion on current market trends as well as specific opportunities in European financials. Hosted on May 28th 2020.
Our perspective on the crisis, the impact on the financial sector and the opportunities we see in the sector going forward. Hosted on Thursday, March 26 2020.
HEDGE Article featuring market predictions for 2020 from some of London’s top investment managers.