In the past few months, boutique investment bank Hannam & Partners has managed to persuade some senior investment bankers to join from larger firms.
The latest senior recruit is Fergus Marcroft, a senior investment banker who was latterly a managing director Macquarie, who joined as a partner earlier this month. Marcroft will focus on oil and gas investment banking and equity capital markets at Hannam & Partners. He joins after nearly two years at Macquarie, where he was focused on ECM and corporate broking.
Hannam now has 39 employees listed on the UK’s Financial Conduct Authority register, up from 35 at the beginning of 2016. But Marcroft’s appointment is the fourth senior recruit at the bank in the past few months.
Brent Nabbs, who was a director in Deutsche Bank’s corporate broking arm, also joined Hannam as a director. He left Deutsche Bank in January after more than five years. Alex Holbourn, who spent the past two years working at investment manager GFG as a fund manager and analyst, joined Hannam & Partners in October as did Joachim Godet, a former director at HSBC who has spent the past two years in Saudi Arabia as head of structuring at Saudi Aremco.
Hannam & Partners focuses on natural resources deals, having been set up by Ian ‘king of mining’ Hannam after he quit his job at J.P. Morgan to tackle charges of insider dealing. He settled with the FCA by paying a £450k fine in 2014. He bought Strand Partners in 2012, and later renamed it Hannam & Partners.
The latest accounts for Hannam & Partners filed on Companies House for 2016 suggest that it paid an average of £104.1k to its 29 employees.
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