Panmure Gordon
| Private | |
| Industry | Investment Banking |
| Founded | 1876 |
| Founder | Harry Panmure Gordon |
| Headquarters | London, United Kingdom |
|
Key people
|
Ian Axe, Chief Executive Officer; Chris Doukaki, Chief Administrative Officer |
| Products | Investment Banking, Brokerage, Capital Markets, Institutional Equities, Investment Funds |
|
Number of employees
|
over 100 |
| Website | www |
Panmure Gordon & Co. is a British corporate and institutional stockbroker and investment bank. The firm operates in three businesses: investment banking, equities research and institutional sales and trading. Panmure Gordon has 150 UK listed corporate clients, over 400 institutional clients, provides research on over 170 companies, makes markets in over 400 stocks and offers broad coverage from FTSE 100 to AIM.
The firm is headquartered in the City of London at One New Change. Panmure Gordon also has an office Leeds.
Employing over 100 people, Panmure Gordon is led by chief executive, Ian Axe, who was appointed in 2017.
In 2009 Panmure Gordon welcomed QInvest, the leading investment bank in Qatar, as a strategic investor. In June 2012 the firm announced the disposal of its US business, ThinkEquity LLC, to management; in 2015 the company acquired Charles Stanley Securities; and in 2017 Panmure Gordon was acquired by Ellsworthy Limited, an entity owned and controlled by QInvest LLC and by a wholly owned subsidiary of a fund managed by Atlas Merchant Capital LLC.
The broker is known for its close connection with the family of David Cameron, the former British Prime Minister, whose father, grandfather and great-grandfather were all senior partners in the company.
The firm was founded in 1876 by Harry Panmure Gordon (1837-September 1, 1902) as Gordon & Co. and was subsequently renamed H. Panmure Gordon & Company. The firm's founder was a well-known member of the financial community in London and in 1892 H. Panmure Gordon wrote the book Land of the Almighty Dollar a critical review of the U.S., particularly New York and Chicago. Panmure Gordon initially specialized in debt offerings for foreign governments. The firm also developed a reputation for conducting offerings for a large number of British and American breweries, including for the San Francisco Brewing Company in 1890.
The company remained a small but influential player, primarily acting as a broker for a number of foreign governments. However, the firm largely avoids the wave of consolidation in the 1960s and 1970s, making only one small acquisition with the purchase of Windsor & Mabey in 1961.
...
Wikipedia