Newpoint Financial Group
LONDON, UK / ACCESSWIRE / January 23, 2024 / NFG Sarl ("NFG"), a global diversified private investment holding company announced today that its subsidiary, NFG Partners SA ("NFG Partners") has entered into an agreement to acquire a minority equity stake in Zodiac Partners Ltd. ("Zodiac"), a United Kingdom based securities broker and wealth manager. This strategic investment marks a significant milestone for both companies and sets the stage for a synergistic partnership that will enrich their product offerings and elevate the overall client experience.
The collaboration aims to take advantage of the recent financial services trade deal between Switzerland and the UK. By leveraging their combined, services, expertise, and market insights, the two firms aim to create a strategic alliance that will redefine the landscape of wealth management for their respective clients.
Zodiac, founded in 2017 by Christopher Panayiotou and Wayne Davis CFA, specializes in providing trading, pension fund management and institutional dealing creating a one stop investment house for the professional investor.
NFG Partners is a Geneva-based asset and wealth management firm regulated by FINMA servicing corporate, family offices, UNWI and institutional clients including its parent, NFG.
The agreement allows NFG Partners to increase its equity stake over time subject to regulatory approvals. As part of the agreement, in addition to providing working and expansion capital, Mr. Zameer Manji, Managing Director of NFG Partners, shall join the board of Zodiac Partners and a new Chief Legal Officer and Chief Operating Officer have been identified, and shall be appointed following regulatory approval, further strengthening the Zodiac team, from a legal, compliance and operational perspective.
Mr. Manji expressed enthusiasm about the collaboration, stating, "This strategic investment aligns perfectly with our vision for growth and commitment to delivering exceptional value to our clients. We are excited about the opportunities that this partnership brings and believe that it will further strengthen our position in the wealth management industry."
Mr. Wayne Davis, Co-Founder of Zodiac, added, "We are pleased to welcome NFG Partners SA as a strategic investor. This tie-up in particular enhances our discretionary management offering, benefitting from their systematic investment approach. By joining forces, we are well-positioned to offer an even more comprehensive suite of services to our clients."
The conclusion of the overall transaction is subject to FCA regulatory approvals and customary closing conditions.
About NFG Sarl
NFG Sarl, is a global diversified private investment holding firm which operates across multiple business units including insurance, reinsurance, insurance services, specialty risk and finance, asset management, energy, infrastructure, trade finance and banking with operations located throughout Europe, United States, the Caribbean, Asia and Africa. For more information, please visit our website at: www.nfgsarl.ch
About NFG Partners SA
NFG Partners SA is a Geneva based wealth and asset management firm providing bespoke discretionary and non-discretionary portfolio management and advisory services to a global client base including family offices, companies, institutions, and UNWI. NFG Partners is regulated by the Swiss Financial Market Supervisory Authority (FINMA). For more information, please visit our website at: www.nfgpartners.ch
About Zodiac Partners Ltd.
Zodiac Partners Ltd is a UK-based securities broker and wealth manager dedicated to providing tailored financial solutions and personalised services to its clients. With a reputation for excellence and a client-centric approach, Zodiac is poised for sustained growth and innovation in the wealth management and CFD industry. Zodiac is authorized and regulated by the Financial Conduct Authority FRN 806702. For more information, please visit our website at: www.zodiacpartners.co.uk
Contact:
NAME: Charlotte Green
EMAIL: charlotte@newpointeurope.com
NFG Sarl
+44 (0) 203 983 3304
SOURCE: Newpoint Financial Group
View the original press release on accesswire.com
To view this piece of content from www.accesswire.com, please give your consent at the top of this page.
About ACCESSWIRE
Subscribe to releases from ACCESSWIRE
Subscribe to all the latest releases from ACCESSWIRE by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from ACCESSWIRE
Polaris Renewable Energy Announces Corporate and Bond Instrument Credit Rating8.11.2024 12:05:00 CET | Press release
TORONTO, ON / ACCESSWIRE / November 8, 2024 / Polaris Renewable Energy Inc. (TSX:PIF) ("Polaris" or the "Company") is pleased to announce that international credit rating agency S&P Global Ratings has assigned corporate credit and bond instrument ratings of BB- with Stable Outlook to Polaris. About Polaris Renewable Energy Inc. Polaris Renewable Energy Inc. is a Canadian publicly traded company engaged in the development, construction, acquisition, and operation of renewable energy projects in five countries in Latin America and the Caribbean. The Company's operations include a geothermal plant (~82 MW), four run-of river hydroelectric plants (~40 MW), three solar (photovoltaic) projects in operation (~35 MW) and one wind park (26 MW) following closing of the Puerto Rico acquisition. For more information, contact: Investor Relations Polaris Renewable Energy Inc. Phone: +1 647-245-7199 Email: info@PolarisREI.com SOURCE: Polaris Renewable Energy Inc. View the original press release on ac
MANAMAURI, the High-Quality Energy Drink Brand, Joins EastBridge Global Investments for Major International Expansion8.11.2024 10:00:00 CET | Press release
The acquisition will fuel Manamauri's global expansion with new production facilities, extended product lines, and a continued commitment to supporting emerging sports. BRUSSELS, BELGIUM / ACCESSWIRE / November 8, 2024 / MANAMAURI, the energy drink brand known for its commitment to high quality and smart pricing, has officially finalized an acquisition agreement with a subsidiary of EastBridge Global Investments. This strategic partnership empowers MANAMAURI to scale globally, remaining true to its founding values of exceptional product standards, accessibility, and support for emerging sports talent. MANAMAURI LOGO MANAMAURI LOGO "MANAMAURI was established with a clear mission: to deliver premium energy products with an intelligent pricing model, making quality accessible without compromising our values," shared a spokesperson for MANAMAURI. "We've managed to grow steadily while maintaining lean operations, focusing on efficient structures that keep unnecessary costs low. The success
Greene Tweed Awarded 'Excellence in International Trade' at the 2024 East Midlands Chamber Business Awards8.11.2024 03:00:00 CET | Press release
The regional accolade recognizes commitment to global expansion and customer support LANSDALE, PA / ACCESSWIRE / November 8, 2024 / Greene Tweed, a global leader in advanced materials and high-performance solutions, has been honored as the Nottinghamshire "Excellence in International Trade" recipient of the 2024 East Midlands Chamber Business Awards, which celebrate the achievement and resilience of companies throughout the region. The East Midlands Chamber plays a vital role in connecting, supporting, and championing businesses and communities across Derbyshire, Leicestershire and Nottinghamshire in the United Kingdom. The Nottinghamshire Business Awards recently celebrated outstanding achievements in the local business community, where winners across 13 categories were announced. The "Excellence in International Trade" award specifically recognizes local businesses that excel in overseas trade. As one of five finalists in the category, Greene Tweed was selected for its robust growth
Polaris Renewable Energy Announces Fixed Income Meetings8.11.2024 01:00:00 CET | Press release
TORONTO, ON / ACCESSWIRE / November 8, 2024 / Polaris Renewable Energy Inc. (TSX:PIF) ("Polaris" or the "Company") announces today that it has engaged Pareto Securities as lead manager to arrange a series of fixed income meetings with potential eligible investors. Subject to market conditions and acceptable terms, the Company may issue a rated five-year tenor green bond on a private placement basis. The use of proceeds would be used to refinance certain existing debt facilities, the acquisition of the Punta Lima wind farm in Puerto Rico and other investments in renewable energy assets. S&P Global Ratings is expected to provide corporate and instrument ratings. The contemplated bond would be issued under the Company's green finance framework with second-party opinion from Morningstar Sustainalytics. The bonds have not been and will not be qualified for distribution in any province or territory of Canada. Accordingly, the bonds may not be offered or sold within any such province or terri
Innodata Reports Third Quarter 2024 Results; Record 136% Revenue Growth Year-Over-Year7.11.2024 17:00:00 CET | Press release
NEW YORK, NY / ACCESSWIRE / November 7, 2024 / INNODATA INC. (Nasdaq: INOD) today reported results for the third quarter ended September 30, 2024. Revenue of $52.2 million, 136% revenue growth year-over-year. Net income of $17.4 million, or $0.60 per basic share and $0.51 per diluted share, compared to net income of $0.4 million, or $0.01 per basic and diluted share, in the same period last year. Third quarter net income included a $5.6 million benefit as a result of recognizing a deferred tax asset that related to our accumulated net operating losses and other deferred expenses from prior periods. Adjusted EBITDA of $13.9 million, an increase of 337% from $3.2 million in the same period last year.* Cash, cash equivalents and short-term investments of $26.4 million at September 30, 2024 and $13.8 million at December 31, 2023. Guidance raised to between 88% and 92% year-over-year revenue growth for full year 2024. *Adjusted EBITDA is defined below. Jack Abuhoff, CEO, said "Innodata cont
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom