Wednesday, 1 October 2014
Last updated 12 hours 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.”
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
Sep 30 2014 | 9:29am ET
The crisp Autumnal days of October are upon us, and so are a few of the hedge fund industry’s favorite charitable events. If you have never been to Rocktoberfest, well, you are missing out. And for a quieter evening of sipping and socializing, stop by HFC’s Wine Soiree. Read more…
High frequency trading is not evil, it is not a conspiracy and it really is not new; it is the natural evolution of the professional trading community making markets, providing liquidity and hopefully...