Redburn, an independent market leading equities research company, has received a minority investment from Rothschild & Co.
Capital from the deal will be used to support the expansion of Redburn’s services to clients and give more opportunities for employee equity participation, it said.
The partnership will also help the companies to expand their industrial and market insight available to their respective clients.
Founded in 2003, Redburn provides fund managers with intelligence so they can make better investments. It produces premium European equity research and agency execution services.
The business covers research of various European industries, including automotive, banks, capital markets, chemicals, energy, transport, telecommunications, and healthcare, among many others. The business analyses this data to provide advice and recommendations which are backed with insight, arguments and strength of evidence.
Additionally, Redburn offers algorithm-powered execution services can minimise the costs of trading.
Rothschild partner and chairman of equity and investor advisory Richard Wyatt said, “Redburn has established a market-leading position at a time when equity research providers have experienced significant dislocation following the introduction of MiFID2. This dislocation has led to a general contraction in the depth and quality of research coverage. We want to help Redburn capitalise on the opportunities this presents.”
As part of the deal, Rothschild’s Richard Wyatt will join Redburn as its chairman.
Redburn senior partner Jeremy Evans said, “This exciting strategic partnership, with one of the leading firms in financial services, will provide Redburn with the financial firepower and support to grow its franchise in new client markets, and to build on its position as the leading independent player in European equities.”
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