Sunday, 23 November 2014
Last updated 2 days ago
Jun 28 2011 | 8:17am ET
Japan’s Asuka DBJ Partners has bought an 8% equity stake in StormHarbour Japan, the Tokyo-based securities arm of financial advisory firm StormHarbour. The value of the deal has not been disclosed.
Asuka DBJ Partners is a private investment firm and a joint venture between Development Bank of Japan and Asuka Asset Management. It invests chiefly in companies and projects in growth centers in Japan, China and other parts of Asia.
StormHarbour Japan, an independent boutique securities firm launched in 2010 under CEO Michimasa Naka, provides institutional investors, corporates and high-net-worth clients in Japan with specialist advice and services in sales and trading, structuring and advisory and capital markets.
Said Naka: “We are delighted and honored that Asuka DBJ Partners has made an equity investment in StormHarbour Japan, which we believe is a powerful endorsement of the firm’s proposition and credibility of its long-term growth strategy. The impressive international growth StormHarbour has already achieved combined with what we see as significant growth potential for StormHarbour Japan, has created a compelling investment case. With the support of Asuka DBJ Partners, StormHarbour Japan is in a stronger position to realise its potential as new financial leader in the country.”
Nov 4 2014 | 9:45am ET
Data management is important to every business, but for hedge funds, it is critical. FINalternatives recently asked Peter Sanchez, CEO of Northern Trust Hedge Fund Services, how fund managers can deal with the demands of managing data while at the same time remain transparent and abide by operational best practices. Read more…
Reg NMS created a huge bifurcation in equity markets and while much of what has followed has been positive, in terms of lower fees and greater liquidity, many traders would like to see the market come...