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BancTrust & Co. Investment Bank Announces Strategic Relocation of Headquarters to a State-of-the-Art Building in the City of London
London-based Emerging Markets Investment Bank Announces its Strategic Relocation to 8 Bishopsgate
LONDON, April 26, 2024 /PRNewswire/ — BancTrust & Co. Investment Bank (BancTrust), the London-based Emerging Markets investment bank, is excited to announce a significant milestone in its growth journey. The company recently relocated its headquarters to a state-of-the-art building situated in the heart of London’s financial district.
The strategic move to 8 Bishopsgate, London’s newest destination for world-class office space, is a bold step towards consolidating BancTrust’s presence within the City and is a testament to the company’s commitment to sustainability, innovation, and excellence.
The building, equipped with cutting-edge technology and energy-efficient systems, reflects the investment bank’s dedication to reducing its environmental footprint and contributing to a greener future.
Carlos Fuenmayor, CEO at BancTrust said, “We are thrilled to announce the strategic move of our headquarters to 8 Bishopsgate. The new premises provide a modern and collaborative workspace for our dedicated team. This decision reflects our dedication to sustainability and responsible business practices and is aligned with our continued growth and commitment to excellence.”
Neil Harrison, COO at BancTrust, expressed his enthusiasm for the move, stating “Our relocation within the heart of London’s financial district is yet another milestone on our journey to consolidating our presence within the City. By taking on significantly more premium office space than before, we are signaling our intent to continue to grow and be in an even better position to serve our clients, collaborate better and continue to capitalise on the abundant opportunities that London’s financial ecosystem offers.”
About BancTrust & Co.
BancTrust & Co. Investment Bank is a leading London-based global emerging markets investment bank that offers corporate and investment banking, securities dealing and financing, investment research products and services to a diversified client base mainly comprised of emerging and frontier markets-based corporations, financial institutions, governments, and dedicated global EM asset managers.
For more information, please visit https://banctrust.com and follow us on X (formerly known as Twitter) at [x.com/BancTrustCo]
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eWTP Arabia Capital’s Technology Fund I Recognized as Top Performing VC Fund in the Preqin League Tables
RIYADH, Saudi Arabia, May 19, 2024 /PRNewswire/ — eWTP Arabia Capital Technology Fund I (“Techology Fund I”), managed by eWTP Arabia Capital (“eWTPA”), one of the leading private equity firms in the Middle East, was listed in the Preqin League Tables as the the fifth top-performing VC funds in the US$250 Million to US$499 Million category by net Internal Rate of Return (IRR) for vintages between 2015-2020.
“We’re delighted by the recognition of our Technology Fund I as a top-performing VC fund in our sector,” expressed Jessica Wong, Founder and Managing Partner of eWTPA. “This milestone underscores the commitment of our team and the robustness of our investment strategy. It also underscores the significant growth potential of the Middle East and North Africa market, particularly in Saudi Arabia, warranting attention. As a pivotal driver of technological advancement in the region, we’re steadfast in our mission to empower entrepreneurs and deliver value to our investors.”
“Being recognized by Preqin validates our hard work and dedication to supporting and actively contributing towards building the Saudi digital ecosystem,” said Jerry Li, Founder and Managing Partner of eWTPA. “As eWTPA continues to grow and expand its investment portfolio, it remains committed to fostering innovation and driving positive change in Saudi, the GCC and the global emerging markets ecosystem.”
eWTPA has demonstrated exceptional performance, solidifying its position among industry leaders. This recognition underscores eWTPA’s commitment to identifying high-potential market opportunities and generating returns for its investors.
The Preqin League Tables are regarded as a comprehensive and authoritative ranking system for private equity and venture capital performance. Preqin, a leading data provider in the alternative assets industry, compiles these league tables based on various performance metrics, including net Internal Rate of Return (IRR) and other key indicators.
eWTPA’s success reflects its strategic approach to investing high-growth sectors in the MENA region. The firm’s portfolio includes a diverse range of companies poised to make a significant impact on their respective industries.
Acting as a bridge between Asia and the Middle East, eWTPA’s Technology Fund I has achieved significant success since its inception in 2019. The Fund has invested in over 18 companies, several of which have successfully established themselves in KSA, like J&T Express, Raha, Sahm and COFE.
About eWTPA:
Founded in 2019, eWTP Arabia Capital is an investment firm based in Saudi Arabia and China. Backed by marquee regional and international Sovereign Wealth Funds, Institutional investors, and family offices, eWTPA helps create robust local digital ecosystems in the MENA region by partnering with market-leading international businesses and providing a gateway for these companies to establish a strong and sustainable presence in the region. To date, eWTPA has invested in over 18 companies, 13 of which have already established themselves successfully in KSA.
Media contact:
Haile Liao
+966 0530868568
[email protected]
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