AnaCap Financial Partners: Difference between revisions
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==Leadership== |
==Leadership== |
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AnaCap is led by former heads of the UK financing arm of General Motors,<ref>{{cite web|last1=Meads|first1=Simon|title=Blackstone joins with AnaCap for bank deals|url=http://uk.mobile.reuters.com/article/privateEquityFinancialServicesAndRealEstate/idUKL6E8L35RV20121003}}</ref> co-managing partners Joe Giannamore and Peter Cartwright, and has several other key individuals in leadership positions, including Fabrizio Cesario,<ref>{{cite web|title=AnaCap seeks €900 mln for Fund III|url=http://www.pehub.com/2014/02/anacap-seeks-e900-mln-for-fund-iii/}}</ref> who became the Head of Mergers & Acquisitions for AnaCap and was promoted to Partner in 2012, along with Justin Sulger, who was named Head of Credit Opportunities.<ref>{{cite web|title=AnaCap promotes Sulger and Cesario to partner|url=http://www.privateequitywire.co.uk/2012/01/30/161328/anacap-promotes-sulger-and-cesario-partner|publisher=PrivateEquityWire}}</ref> Chris Patrick, who serves as Head of Risk and Liability Management, is also a partner within AnaCap<ref>{{cite web|title=Company Overview of AnaCap Financial Partners LLP|url=http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=25841236|publisher=Businessweek}}</ref> |
AnaCap is led by former heads of the UK financing arm of General Motors,<ref>{{cite web|last1=Meads|first1=Simon|title=Blackstone joins with AnaCap for bank deals|url=http://uk.mobile.reuters.com/article/privateEquityFinancialServicesAndRealEstate/idUKL6E8L35RV20121003}}</ref> co-managing partners Joe Giannamore and Peter Cartwright, and has several other key individuals in leadership positions, including Fabrizio Cesario,<ref>{{cite web|title=AnaCap seeks €900 mln for Fund III|url=http://www.pehub.com/2014/02/anacap-seeks-e900-mln-for-fund-iii/}}</ref> who became the Head of Mergers & Acquisitions for AnaCap and was promoted to Partner in 2012, along with Justin Sulger, who was named Head of Credit Opportunities.<ref>{{cite web|title=AnaCap promotes Sulger and Cesario to partner|url=http://www.privateequitywire.co.uk/2012/01/30/161328/anacap-promotes-sulger-and-cesario-partner|publisher=PrivateEquityWire}}</ref> Chris Patrick, who serves as Head of Risk and Liability Management, is also a partner within AnaCap<ref>{{cite web|title=Company Overview of AnaCap Financial Partners LLP|url=http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=25841236|publisher=Businessweek}}</ref> |
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==News== |
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AnaCap was involved with the purchase, turnaround, and sale of Cabot Credit Management (CCM). This entity was formed through merging companies Apex Credit Management and Cabot Financial, with CCM ultimately being sold to the firm [[J.C. Flowers & Co.]] in 2013.<ref>{{cite web|last1=Meads|first1=Simon|title=Blackstone joins with AnaCap for bank deals|url=http://uk.mobile.reuters.com/article/privateEquityFinancialServicesAndRealEstate/idUKL6E8L35RV20121003}}</ref><ref>{{cite web|title=AnaCap seeks €900 mln for Fund III|url=http://www.pehub.com/2014/02/anacap-seeks-e900-mln-for-fund-iii/|publisher=Reuters}}</ref> Also taking place in August of 2013 was the management buyout of [[Simply Business]], an online broker which AnaCap was responsible for backing. <ref>{{cite web|title=AnaCap Financial acquires €551 million Italian loan portfolio|url=https://www.altassets.net/private-equity-news/by-news-type/deal-news/anacap-financial-acquires-e551m-italian-loan-portfolio.html|publisher=AltAssets}}</ref> |
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AnaCap agreed to purchase [[Brightside Group PLC]] in May of 2014, a British insurance broker for which the firm will pay £127 million. AnaCap has created a company called Belvedere Bidco Ltd. in order to facilitate the purchase.<ref>{{cite web|last1=Kiernan|first1=Kaitlyn|title=AnaCap Financial To Buy Insurance Broker for $215M|url=http://www.law360.com/articles/535990/anacap-financial-to-buy-insurance-broker-for-215m|publisher=Law 360}}</ref> |
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==References== |
==References== |
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Revision as of 16:00, 6 August 2014
AnaCap Financial Partners is a private equity firm advising funds that invest in the European financial services sector.
History
AnaCap Financial Partners was founded in 2005.[1] The firm launched its debut fund in 2006, when it raised €300 million and now advises more than €2.3 billion across private equity and credit opportunity strategies including coinvest. AnaCap’s funds have attracted a global investor base including institutions such as Goldman Sachs and Allianz.[2]
Private Equity
The firm’s strategy is to invest in European financial services businesses with management teams providing the necessary support to generate exceptional returns. They provide operational support to portfolio companies throughout the life of the investment in order to achieve the targeted objectives. The general business of AnaCap is to source investment opportunities and work with management teams of businesses with growth potential. The methodology that AnaCap follows involves using proprietary data analysis techniques in countries throughout Europe to find opportunities in different markets.[3][4]
Leadership
AnaCap is led by former heads of the UK financing arm of General Motors,[5] co-managing partners Joe Giannamore and Peter Cartwright, and has several other key individuals in leadership positions, including Fabrizio Cesario,[6] who became the Head of Mergers & Acquisitions for AnaCap and was promoted to Partner in 2012, along with Justin Sulger, who was named Head of Credit Opportunities.[7] Chris Patrick, who serves as Head of Risk and Liability Management, is also a partner within AnaCap[8]
News
AnaCap was involved with the purchase, turnaround, and sale of Cabot Credit Management (CCM). This entity was formed through merging companies Apex Credit Management and Cabot Financial, with CCM ultimately being sold to the firm J.C. Flowers & Co. in 2013.[9][10] Also taking place in August of 2013 was the management buyout of Simply Business, an online broker which AnaCap was responsible for backing. [11]
AnaCap agreed to purchase Brightside Group PLC in May of 2014, a British insurance broker for which the firm will pay £127 million. AnaCap has created a company called Belvedere Bidco Ltd. in order to facilitate the purchase.[12]
References
- ^ "Company Overview of AnaCap Financial Partners LLP". Businessweek.
- ^ "AnaCap seeks €900 mln for Fund III". Reuters.
- ^ "Anacap holds €500m close for third flagship fund". AltAssets.
- ^ "Aldermore Bank: Challenger bank topping the best buy tables". Love Money.
- ^ Meads, Simon. "Blackstone joins with AnaCap for bank deals".
- ^ "AnaCap seeks €900 mln for Fund III".
- ^ "AnaCap promotes Sulger and Cesario to partner". PrivateEquityWire.
- ^ "Company Overview of AnaCap Financial Partners LLP". Businessweek.
- ^ Meads, Simon. "Blackstone joins with AnaCap for bank deals".
- ^ "AnaCap seeks €900 mln for Fund III". Reuters.
- ^ "AnaCap Financial acquires €551 million Italian loan portfolio". AltAssets.
- ^ Kiernan, Kaitlyn. "AnaCap Financial To Buy Insurance Broker for $215M". Law 360.