View more on these topics

Prestbury chief operating officer resigns

Prestbury’s chief operating officer and co-founder Stephen Keenan resigned as director of the company yesterday.

Keenan will remain a consultant to the company for a minimum of six months, and subject to quarterly reviews beyond that.

Keenan is understood to be working on the launch of a bridging lender.

The news follows the collapse of management buy-out talks earlier this year, which could have seen the network de-listed from AIM.

Keenan says: “As co-founder and one of Prestbury’s largest shareholders, I will continue on a personal and professional level to be passionately committed to the Prestbury business and will continue to work with chief executive Lee Birkett and the Prestbury team as required.

“Prestbury is a great business with great people and I confirm my support for the executive directors. I can also confirm I will be retaining my shareholdings in Prestbury Holdings.”


New Star announces new lock-in plan

New Star has proposed a new share-based plan that will keep the core of its senior management, fund managers and sales team at the firm until the end of 2012.

The Natixis Solution: H2O MultiReturns Fund

A product designed to bring some unique attributes to the crowded absolute return global macro space With diversification and risk management top of investors’ wish lists when it comes to alternatives, step forward the H2O MultiReturns Fund. H2O Asset Management is an independent boutique backed by Natixis Global Asset Management and has a 14-year track […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment