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Bramdean moves closer to Tchenguiz

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Bramdean Asset Management LLP, the specialist adviser and manager of alternative investments, is moving its London headquarters from Knightsbridge to Mayfair, enabling Bramdean to work clo

Bramdean Asset Management LLP, the specialist adviser and manager of alternative investments, is moving its London headquarters from Knightsbridge to Mayfair, enabling Bramdean to work closely with Vincent Tchenguiz, Chairman of Consensus Business Group, on various initiatives, including developing plans to launch an environmental investment fund during the course of 2008.
 
Through Elsina Limited, Vincent Tchenguiz owns 29.9% of Bramdean Alternatives Limited, a London Stock Exchange-listed investment company launched by Bramdean in July 2007.  From Monday 7 January, Bramdean will be based in 35 Park Lane, which is occupied by Consensus Business Group.
 
Following the launch of Bramdean Alternatives Limited, Bramdean confirmed that the firm would focus its advisory and investment activities on alternative assets.
 
‘There continues to be a major shift in investor appetite towards investing in alternative assets’, says Bramdean Chief Executive, Nicola Horlick. ‘The demand is coming from both institutional and private client investors as the benefits of portfolio diversification across asset classes become better appreciated.’
 
Statistics show that the amount of new investment in the clean technology sector grew by 41% to USD 117.2 billion in 2007, according to New Energy Finance, some USD 20 billion ahead of expectations. Venture capital and private equity new investment grew by 27% to USD 8.5 billion. New Energy Finance reported that there was a shift in focus from mature wind and biofuel markets in Western Europe and the USA towards Asia, Brazil and other developing countries. Wind power led the way, but strong growth was seen in solar power and energy efficiency.
 
Bramdean retains full independence and will continue to advise upon and manage alternative investments for its existing clients as well as to work towards securing new client mandates.

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