IN BRIEF: BP Marsh & Partners invests in Pantheon Specialty

BP Marsh & Partners PLC - London-based venture capital investor in financial services businesses ...

Alliance News 21 June, 2023 | 1:01PM
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BP Marsh & Partners PLC - London-based venture capital investor in financial services businesses - Subscribes to a 25% stake in new holding company Pantheon Specialty Ltd. Says Pantheon owns Denison & Partners Ltd, in which BP Marsh owned a 40% stake of, and will thus provide Denison & Partners further loan funding of GBP500,000. Adds joint chief executive officer of Besso Group and Besso Ltd Robert Downman will become CEO of Pantheon and Denison & Partners, and Alasdair Ritchie will become Chairman of both Pantheon and Denison and Partners.

Current stock price: 401.98 pence, up 2.5%

12-month change: up 30%

By Sabrina Penty, Alliance News reporter

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Securities Mentioned in Article

Security Name Price Change (%) Morningstar
Rating
B.P. Marsh & Partners PLC 494.00 GBX 0.00 -

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