Cairn Capital Limited (“Cairn Capital”) Launches with Market-Leading Management Team and Long-Term Institutional Backing
Story date: 2004.8.16
Cairn Capital, the specialist asset manager and solution provider, today announces the composition of its six-strong management team, together with long-term institutional backing from The Royal Bank of Scotland plc and Star Capital Partners Limited.
Cairn Capital is a client-focused business combining a fundamental understanding of credit and credit structures, with an enthusiastic, entrepreneurial approach. The institutional backing allows the build-out of a major market participant combined with the independence to provide unbiased advice to its clients.
The business has been established to provide bespoke client solutions to individual needs and requirements, from a wholly independent and client-focused platform - whether managing money to outperform or restructuring a credit portfolio to meet different investment objectives.
Supported by leading-edge technology, the Cairn team currently comprises solution providers, risk managers and lawyers, with unparalleled levels of contact throughout the credit markets.
Cairn Financial Products Limited, Cairn Capital’s operating subsidiary, is authorised and regulated by the Financial Services Authority.
"The credit markets have transformed in the last ten years,” said Iain Robertson, non-executive chairman, Cairn Capital, “and few organisations have realised the opportunities which this transformation presents for them. At Cairn we have assembled a team with diverse skills and the benefit of long-term financial support able to help any organisation, large or small, to navigate their way through the unchartered waters of the new credit market."
"The excitement for our customers and for us is that the credit markets will continue to evolve rapidly along a variety of pathways, but here at Cairn Capital we believe we are ready for all eventualities." The management team and non-executive chairman comprises:
- Paul Campbell (38) formerly Managing Director, Europe at Banque AIG, the European subsidiary of AIG Financial Products;
- Tim Frost (39), formerly European Head of Credit Sales Trading and Research at JP Morgan;
- David Henriques (39), formerly Co-Global Head of Structured Credit Products with RBS;
- David Littlewood (38) formerly Co-Global Head of Structured Credit Products with RBS;
- Robert Pierce Jones (37), formerly Managing Director, Europe at Banque AIG, the European subsidiary of AIG Financial Products;
- Iain Robertson (58) CBE, FCIB, Chairman Corporate Banking and Financial Markets with RBS, a non-executive director of The Royal Bank of Scotland Group plc and Chairman of British Empire Securities and General Trust plc, has been appointed non-executive chairman.
"Very few professional investors can afford to ignore the credit markets when building investment portfolios. Our understanding and track record in credit, credit products and technology platforms gives us a unique opportunity to provide a full-service and truly independent client-focused offering," said Paul Campbell of Cairn Capital.
"When you consider the current status of the global credit markets and the increasing demand for credit exposure in conjunction with our model and the quality of our long-term financial backing, we believe that we have an exceedingly attractive and innovative proposition."
This press release is issued by Cairn Financial Products Limited, which is authorised and regulated by the Financial Services Authority.
ENDS
For further information, please contact: Tim Frost Cairn Capital +44 (0)77 6731 2756 Julian Walker Gainsborough Communications +44 (0)20 7190 1705
