Since 2016, Andreas is the Chairman and the Chief Investment Officer, Private Markets in Gestron Asset Management investing in private equity and private credit primaries funds, secondaries funds and direct co investments in USA and Europe.<br><br>Before that . He is a co-founding director of ROPER Technologies Inc. (NYSE); and was a director of IDOX PLC (AIM) until 2013 and non-executive Chairman of Maxcess International Corporation until 2014. New name for Dresdner Kleinwort Capital - buyoutsinsider.com He received his Master of Architecture degree from University of Minnesota, and his bachelor of Architecture degree from Tsinghua University. Kleinwort's profitable activities in precious metals and foreign currency trading during this decade helped offset these fiascos. Active, Closed, This describes the type of investor this organization is (e.g. Its new-found size and strength stood it in good stead for the hectic times to come. Kleinwort also shifted its focus from trade to merchant banking during these years. [29], In February 2009 the Commerzbank management announced that no bonuses would be paid across the Commerzbank group including Dresdner Kleinwort. The Company advises on mergers and acquisitions, underwrites equity and debt securities, and offers other . Dresdner Kleinwort Capital 6 Deals, 6 Portfolio startups, Statistics But the banks were too loyal to their customers and lent out too much money. When Carl Freiherr von Kaskel, Felix Freiherr, and Eugene Gutman opened the doors of Dresden Bankhaus for business in Dresden on December 1, 1872, the time was ripe for new banks in Germany. With offices in India, the US and the UK, Langham Capital has built a strong global network of senior executives, entrepreneurs, investors, attorneys and advisors, and can execute transactions across all key geographies. That year, Dresdner became the first German company to have its shares listed on the Tokyo stock exchange. Dresdner Kleinwort Capital is a London-based investment banking firm providing brokerage services for financial and investment products. Lambert founded the Leveraged Finance Group at Dresdner Kleinwort where he led the effort to integrate the institution's private equity sponsor driven M&A practice with its leveraged finance capabilities. He has advised on major privatizations, investor relations, mergers & acquisitions, debt restructuring and public offerings for clients such as the Government of India, the Government of the state of Orissa (India), Indian Oil Corporation, the Tata Group, Wipro, rediff.com, Sterlite, EXL Service, Religare and Genpact, while based in Delhi, Mumbai, Hong Kong and Singapore. He is co-founder and member of the executive committee of Roper Technologies Inc (NYSE listed, S+P 500, a Florida based large-cap diversified software, medtech and technology instrumentation company) whose audit committee he also chars. Henry Hu holds a Master Degree of Computer Science from Columbia University and a BS in Physics from Peking University. The combination created Dresdner Kleinwort Wasserstein (DrKW), the seventh-largest corporate merger advisor in the world. Dresdner Kleinwort/New York NY. The role of the big banks in Germany was closely related to developing industries and expanding commercial opportunities. Langham Capital advises companies on sourcing capital from the public markets (NASDAQ, AIM) as well as private equity. Dresdner Kleinwort Benson In September 2004, Coller Capital's fund acquired a $90 million portfolio of companies from Dresdner Kleinwort Benson. This, together with issues regarding severance payments and guaranteed bonus payments, led to a number of lawsuits. Henry developed domain knowledge and personal network in TMT, Energy, Consumer and Financial Industries. In 1988, Kleinwort Benson sold a 25 percent interest in KBGS to Fuji Bank. Mr. Wright has been a director of Merifin Capital NV, a private European family owned investment firm since 1987. Christopher Wright is Chairman and a co-founder of EMAlternatives LLC in Washington DC and of its former affiliate in China, Yimei Capital Ltd, and is also a director of Merifin Capital Group, a private European investment firm. Dresdner was at first restructured into ten separate institutions. Kleinwort Benson - Wikipedia All rights reserved. The fracas started when Reynolds Metals, in cooperation with the relatively new British investment firm Tube Investments, made an unfriendly bid to take over British Aluminum, which was then considering a friendly offer from Alcoa. Particularly in the wake of the global insecurity caused by the terrorist attacks in the United States on September 11, 2001, investment banking took a beating across the globe, and Dresdner's mergers and acquisitions business dried up. The London branch was especially significant for the bank because London was the financial center of the world at that time; it gave the company 19 highly profitable years before the onset of World War I. Phone: 442 - 74- 755493 Fax: 442 - 74- 756809 . Dresdner Kleinwort - Crunchbase Investor Profile & Investments Final Cash Offers by Nightingale Acquisition Limited (A Melly spots prize and moves quickly | Independent.ie Kleinwort Benson had made the acquisition in order to acquaint itself with price trends and auction techniques in the American treasuries market. Jonathan Agnew, who succeeded Michael Hawkes as chief executive of the Kleinwort Benson Group in 1989, staked the firm to the prospect of becoming an integrated investment bank based on the conviction that a strong securities business would help market the products generated by the bank's other activities. With this purchase, Dresdner signaled a significant strategic switch. The war dried up all opportunities for continued expansion and placed a tremendous burden on German industry, forcing it to produce the materials necessary for war on an unprecedented scale. He was the top ranked sell-side analyst for several years before leaving for Switzerland.He is a graduate of Strathclyde University and the London School of Economics. Langham Capital [38] In December 2012 London-based independent advice firm SK Financial bought about 1,000 clients from Kleinwort Benson that Kleinwort Benson felt it could no longer support profitably after the implementation of the Retail Distribution Review. When the Nazis assumed power in 1933, the banking crisis was far from over. World War I caused trouble for British merchant banks by disrupting foreign trade, and Kleinwort, which relied considerably on business in Germany, was among the hardest hit. Rumors began to fly that the once mighty and prestigious merchant bank would be forced to dissolve. This was not unusual; having representatives on boards and councils, as well as controlling blocks of voting stock shares, were the chief ways that the big German banks exercised economic control. The worldwide slump in bond prices, a decrease in mergers and acquisitions activity in Britain, and problems with Kleinwort Benson's settlement system all hurt its financial performance and left it in need of capital. Henry Hu is the Partner of YiMei Capital and responsible for all aspects of fund investment and business development. He was until 2014 non-executive Chairman of Maxcess International Corporation (a US based industrial controls business), and a founding board member of IDOX Plc (AIM), a leader in e-government software in the UK. The company was already anchored by a strong domestic presence and its American subsidiary, ABD Securities. No matter what its future held, Kleinwort Benson deserved credit for its ambitious program of expansion and diversification in the 1970s and 1980s, which recalled the golden age of the British merchant banks. Prior to joining us, Janusz was head of Central and Eastern European private equity at Allianz Specialized Investments (formerly Dresdner Kleinwort Capital), having previously been deputy chairman and managing director of PTP-Kleinwort Benson. In 1951, the West German government and the banks reached an accord whereby the banks would end the credit freeze, and German companies would repay their debts, figured at a 4 percent annual rate from 1939 to 1953. DRESDNER KLEINWORT, COMMERZBANK AG New York, NY Analyst, Foreign Exchange Sales July 2008 - August 2009 The Economist summed up the company's problems in an August 2002 article, stating, "In the past year almost one-fifth of Dresdner's revenues have crumbled away. Dresdner continued to expand, opening branches in Singapore and New York in 1972. Once again it lost branches and assets to the war's victors. In 2003 Dresdner's chief executive Bernd Fahrholz resigned and was replaced by Herbert Walter. Each of the three derivative banks prospered so much as a part of the "economic miracle" of the 1950s that Dresdner was allowed to recombine itself again in 1957 as Dresdner Bank A.G., with its new headquarters in Frankfurt am Main. Vikram has over 20 years of experience as a strategic and financial adviser to clients worldwide. In 1988, American International Group acquired a 5.3 percent interest in Kleinwort Benson. But Kleinwort still had sound core businesses and the attractions to Dresdner . Dresdner Kleinwort caters to corporate, finance, telecommunication, media, technology, energy, power, and retail sectors. Between 1924 and 1929, Dresdner Bank was involved in a lending policy that brought economic chaos to Germany again in 1931. Previously, he was a Member of Parliament from 1983 to 2017. Allianz had long sought to establish itself not just as an insurance company, but as a global financial services provider along the lines of Citigroup. Dresdner and its rival Deutsche Bank both rushed to capture this new market, forming joint ventures with Deutsche Kreditbank outlets. [2] For example it became part of a syndicate that marketed shares in the Illinois Central Railroad in 1852. Dresdner Kleinwort Capital's growth plans include the [] A syndicate of 14 old-line merchant banks, which was led by Hambros and Lazard Brothers and included Robert Benson Lonsdale, came to the aid of British Aluminum. DrKW became a member of the world's fourth-largest financial institution later that year when Dresdner Bank merged with the Allianz Group. Kerr's People: Simon Robertson, Former chairman, Dresdner Kleinwort In 1995, Dresdner spent about $1.58 billion to acquire the British investment bank Kleinwort Benson Group PLC. "The upshot is that the German and European banking landscape will look substantially different from today," Dresdner Chairman Wolfgang Rller told the Wall Street Journal in 1990. Judy serves as a board member of Shanghai Charity Foundation and United Way China, and also president of the Wharton Club of Shanghai Board. B-22, Jungpura Extension, New Delhi - 110014, India, 28 Devonport, 23 Southwick Street, London, England, W2 2QF. Langham Capital provides expert corporate finance advisory services to companies seeking to build their global businesses. This hurt Dresdner even more than had the lack of expansion during the war years. Isaac has held several positions in various companies, most recently as the Chief Strategy Officer of L&T Technology Services. He is Chairman of the Fine Art Group Ltd in London, a specialist art investment, advisory and credit products platform. London, England, United Kingdom Investment Bank Late Stage Venture 147,382 Highlights Investments 6 Exits 4 Funding Round Aug 14, 2001 / and other investors Discover more funding rounds View All Details Industries Deutsche Bank wanted Dresdner to jettison its investment banking arm, Dresdner Kleinwort Benson; Dresdner refused, making itself "a takeover candidate more than ever," according to the April 10, 2000, Wall Street Journal. In anticipation of monetary union in 1990 (which preceded political union by a year), East Germany revamped its entire banking system, spinning off its state central bank's retail operations into a new unit called Deutsche Kreditbank. Dresdner achieved unprecedented success in the deposit business between 1896 and 1908 largely through innovative marketing techniques and the bold move of offering higher interest rates to deposit customers to draw a profitable volume of business. [5], In 1786, Robert Benson, a Quaker, joined with William Rathbone IV of the existing house of William Rathbone & Co. to form Rathbone & Benson, a Liverpool business trading mainly with America. Until mid-2003, he served as Head of Global Private Equity for Dresdner Kleinwort Capital and was a Group Board Member of Dresdner . Before FTI Consulting, Vikram founded a boutique advisory and investment firm to focus on investing personal and co-investor capital in early-stage and mid-market companies. The Dresdner Kleinwort 72 - WSJ Engage via Email. Andreas T. Angelopoulos has more than 30 years of experience in private equity, asset management, investment banking and engineering. Immediately prior to founding Langham Capital, Shiv managed two technology ventures in Europe. The strategy proved to be both costly and damaging to its reputation in the industry. Marginal return of capital The LSE share buyback proves that LSE would rather weaken its strategic position through reactive tactics than set out a clear vision for the business. Dresdner became involved in yet another deal later that year. [16] It assisted with the privatization of Enterprise Oil in the same year. Win whats next. Rehabilitation and Recovery After World War II. CO-FOUNDER Dylan was formerly Head of Liquid Investments at Calibrium AG, Zurich, where he helped build and establish one of the largest Family Office's in Europe. Thanks to this poor performance, its stock price neared a four-year low in the spring of 1989. German insurance group Allianz has pursued a discriminatory hiring and firing policy at Dresdner Kleinwort, one of London's oldest investment banking businesses, designed to people senior. All rights reserved. A representative of Dresdner, Karl Rasche, sat on the management board of a subsidiary of Goering Werke. Following its acquisition by Socit Gnrale in June 2016, it was merged with SG Hambros, already a subsidiary of Socit Gnrale, to form Kleinwort Hambros in November 2016. It was one of the few British securities firms that made a profit on equities dealing in late 1987 and early 1988. Home - Vine Alternative Investments Group, LLC
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