Friday, 1 August 2014
Last updated 2 hours ago
Jan 8 2010 | 9:07am ET
Broker dealer Lighthouse Financial has formed an investment partnership with Angad Paul, CEO of Caparo plc, a $1.2 billion global association of businesses. According to Lighthouse, the partnership will help strengthen the firm's franchise and allow for continued expansion overseas.
“With Angad based in London, it makes it easier for us to execute on our vision of being operational in the UK in 2010,” said Chris Foxall, partner and head of the global portfolio trading division at Lighthouse Financial.
Bob Bradley, COO and founding partner of Lighthouse Financial, added, “This deal does more than just strengthen our firm financially. We are extremely excited about working closely with Angad in the areas of investment banking, wealth management and asset management.”
“I am very pleased to be able to work alongside a company such as Lighthouse Financial. They have managed to create considerable opportunity from the events that dislocated Wall Street and I look forward to their presence and continued success in London,” said Paul.
Lighthouse Financial is a New York-based full-service broker dealer focused on providing institutional sales and trading, global portfolio trading, prime services, capital markets services and investment banking. Lighthouse Financial is an operating subsidiary of Lighthouse Global Partners.