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Lazard poaches Numis bankers to launch venture and growth banking team

Fri, 15th Nov 2019 15:04

By Pamela Barbaglia

LONDON, Nov 15 (Reuters) - Lazard has poached two
executives from British stockbroker Numis Corporation Plc
to lead a new team that will focus on European private
firms seeking growth equity and venture capital.

The U.S.-based investment bank said on Friday that Garri
Jones and Nick James would join as managing directors in its
London hub in January to lead the 10-strong team known as Lazard
Venture and Growth Banking.

Jones and James, who ran Numis's venture practice, will be
in charge of the new unit comprising entrepreneurs, bankers,
data scientists and engineers.

They will initially focus on connecting about 100 fast
growing companies with 400 global investors, working with
Lazard's capital markets and sector merger and acquisition
teams.

Lazard UK Chairman William Rucker said the new team would
"provide companies with greater access to capital markets and
financial advice throughout their life cycle."
(Reporting By Pamela Barbaglia; Editing by Edmund Blair)

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(ShareCast News) - Oliver Hemsley has sold £5.8m worth of shares in Numis, the stockbroker which he founded and helmed for a quarter of century before stepping down last year. Hemsley, who is still a director at the City firm, sold 2.36m shares at a price of 244p apiece, not far off December's 12-mo

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(ShareCast News) - In a trading update for the year ended 30 September, Numis said revenue from its core activities was up 14% from the previous year, hitting record levels and comfortably above £100m for the first time in the group's history. Numis said that while activity in the UK equity mar

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LONDON, May 6 (IFR) - Oliver Hemsley, founder of UK mid-cap equities broker Numis, has announced he will step down as chief executive this autumn after more than two decades at the company. Alex Ham and Ross Mitchinson will be appointed joint CEOs in his stead, Numis said on Friday. They wi

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(ShareCast News) - Stockbroker Numis reported a rise in first-half pre-tax profit as revenue grew, and announced the departure of its chief executive. First-half pre-tax profit rose to £16.8m from £11.9m in the same period last year, as revenue grew to £56.8m from £45.7m and the company kept its int

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