Henderson Global names new head of 150m property fund May 26, 2009 HENDERSON Global Investors has named Cameron Fraser as head of its £150m institutional UK property fund, replacing Ludo MacKenzie who is jumping ship to become a partner at rival property fund Melford Capital Partners. Fraser is joining from CBRE Investors, where he was manager of the Unilever account and oversaw the growth of its fund [...]
WHAT THE OTHER PAPERS SAY THIS MORNING June 7, 2009 THE SUNDAYSThe Sunday Telegraph WIGLEY TO ADVISE ADVENTThe former chairman of Merrill Lynch’s European operations and a respected City figure, is joining the private equity firm Advent International to identify investment opportunities across the financial services industry. Wigley will become a part-time operating partner at Advent, which is sitting on a large cash-pile after raising [...]
WHAT THE OTHER PAPERS SAY THIS MORNING June 7, 2009 THE SUNDAYSThe Sunday Telegraph WIGLEY TO ADVISE ADVENTThe former chairman of Merrill Lynch’s European operations and a respected City figure, is joining the private equity firm Advent International to identify investment opportunities across the financial services industry. Wigley will become a part-time operating partner at Advent, which is sitting on a large cash-pile after raising [...]
CITY MOVES Who’s switching jobs June 22, 2009 AvivaThe insurance group has appointed Jon Bunn as its new corporate affairs and communications director in Europe. Bunn will report to Andy Moffat, Aviva’s director of human resources in Europe. He was previously group public relations director at Prudential, and before that was director of media relations at accountancy firm PricewaterhouseCoopers. He began his career [...]
Hutchings makes Lupus exit July 1, 2009 THE entrepreneur Greg Hutchings yesterday stood down from his executive chairman role at Lupus Capital, the group he founded in 2004 to invest in building materials and construction-related businesses, as it renegotiated its banking facilities. Lupus has for some months been struggling because of its exposure to the moribund housing market and has been weighed [...]
CRITICS DO A U-TURN ON HORNBY’S REPUTATION June 9, 2009 A RINGING endorsement of Andy Hornby, the besieged former chief of HBOS who is now joining retailer Alliance Boots, from the most unlikely of quarters. John Thurso, the Lib Dem spokesman for business, enterprise and regulatory reform, has been among Hornby’s harshest critics as a member of the Treasury Select Committee that harangued various bankers [...]
CITY MOVES WHO’S SWITCHING JOBS June 11, 2009 Augusta & CoThe independent merchant banking group has appointed Rachael Luxton to strengthen its debt advisory and restructuring capabilities. Luxton joins as a director from the international corporate finance team at Citigroup. She is a specialist in restructuring and managing distressed debt situations, having previously advised firms including MyTravel, Fiat, Yukos and Alstom. Mercer Jerry [...]
Trio join the cash call craze May 17, 2009 A TRIO of property companies are setting their sights on fundraising this week to exploit opportunities created in the downturn. Great Portland Estates, Big Yellow Group and Shaftesbury have all been working with advisers on how to tap investors for extra cash. West End property specialist Great Portland Estates, is expected to announce a fundraising [...]
Trio join the cash call craze May 17, 2009 A TRIO of property companies are setting their sights on fundraising this week to exploit opportunities created in the downturn. Great Portland Estates, Big Yellow Group and Shaftesbury have all been working with advisers on how to tap investors for extra cash. West End property specialist Great Portland Estates, is expected to announce a fundraising [...]
WHAT THE OTHER PAPERS SAY THIS MORNING May 27, 2009 FINANCIAL TIMES MISYS PUTS NEW FINANCE IN PLACE FOR ALLSCRIPTSMisys, the banking and healthcare software group, has refinanced the debt package it agreed in the wake of the collapse of Lehman Brothers last year. The $210m (£131m) three-year deal replaces a $325m package to secure the acquisition of Allscripts, the US clinical software record provider, [...]