In contrast, recent IPOs in London have included Russian sugar and grain producer Rusagro, Glencore and Russian bank Nomos.
esame Bankhall Group and Henderson Global Investors today officially launch their new joint venture, Optimum Investment Management, following approval from the Financial Services Authority.
Investors in the Insynergy Odey fund, managed by star manager Crispin Odey, will be transferred into a similar product with the same strategy run by Odey.
"I see good chances of maintaining this kind of growth in the coming years, considerably increasing our market share," Mr. Mandel is quoted as saying.
Hedge funds and private equity houses are renewing ties with Spanish lenders and government officials, bankers said, as reforms push banks to offload troubled assets at steep discounts.
Ex-Goldman Sachs stars Morgan Sze and Pierre-Henri Flamand, as well as traders from Credit Suisse, Morgan Stanley and Deutsche Bank are among those now playing markets with other people's money.
Moore, which is run by the US billionaire Louis Bacon, has acquired a slice of the bank as part of a £125m fundraising that I understand has been completed today.