RCS - Newpoint Financial - NFG Announces Strategic Investment
23/01/2024 19:15
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RNS Number : 6753A Newpoint Financial Group 23 January 2024
NFG Announces Strategic Investment Into Zodiac Partners Ltd.
LONDON, UK / ACCESSWIRE / January 23, 2024 / NFG Sarl
(https://pr.report/QnCFw2Pe) ("NFG"), a global diversified private
investment holding company announced today that its subsidiary, NFG Partners
SA ("NFG Partners (https://pr.report/L9Fxb3Qm) ") has entered into an
agreement to acquire a minority equity stake in Zodiac Partners Ltd. ("Zodiac
(https://pr.report/OV5DpC02) "), 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 (https://pr.report/f41MYrbc)
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 (https://pr.report/BAzVkalM)
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 (https://pr.report/m0B4auIW)
Contact:
NAME: Charlotte Green
EMAIL: charlotte@newpointeurope.com
NFG Sarl
+44 (0) 203 983 3304
SOURCE: Newpoint Financial Group
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