Considers itself as an investment bank for individuals. There are a large number of affluent individuals who are not being served by competitors. They present pool of potential clients. The growth pattern in India reflects SG's global development of private banking, in which Asia Pacific plays a key role. Offices are in New Delhi and Mumbai. Besides, there is a comprehensive IT operation in Bangalore.
Wealth management is a highly specialised service, covering all asset classes. Asset allocation helps determine an optimal mix of asset classes, ranging from equity, debt and real estate to alternatives. The latter may include `investments of passion' - even fine art and collectables - as well as structured products and hedge funds. Clients' life goals, time horizon and risk tolerance are three vital factors on this front.
There is a need for systems, which can provide a single view of a customer's entire portfolio with the wealth management services provider. There is a need for online financial planning tools. Clients are eager to be in control of their portfolios and are often active in selecting products in line with their asset allocation strategy. Overall, technology is beginning to play a more critical role.
According to one estimate, India has seen about 19 per cent growth in HNI population in 2005 vis-à-vis the world growth rate of 6.5 per cent. The fee structure here is yet to be developed and is currently accrued from brokerage fees and commissions on the services rendered.
Real estate and private equity are increasingly becoming important asset classes for high net worth individuals (HNIs). Though at a nascent stage, private equity in India is on the rise because of maturing financial sophistication. Secondary research highlights that in the developed markets, there is a growing conviction among HNIs that investments in fundamentally strong businesses are a very dependable wealth management strategy.
The time for private wealth management has arrived, feels Mr Sandeep Sharma, Head, SG Private Banking India. The latter, part of French financial services group Societe-Generale, is in the country since last December.
Reference
http://www.thehindubusinessline.com/2006/07/10/stories/2006071002010400.htm
Showing posts with label Private Banking. Show all posts
Showing posts with label Private Banking. Show all posts
Wednesday, January 9, 2008
Sunday, December 2, 2007
Private Equity Syndication - Avendus Advisors - India
Avendus Capital is an investment bank offering Private Equity Syndication, M&A, Fixed Income, Structured Finance, Special Situations and Strategic Advisory services to corporates and investors. Avendus has strong research capabilities and relationships which it leverages to close transactions for its clients in aggressive time frames. With a strong Indian presence and global relationships, Avendus has been an investment bank of choice both for international investors and companies who are scouting for business opportunities in India and Indian companies looking at strategic initiatives in overseas markets.
Avendus currently focuses on industries where Indian companies have a strategic growth advantage and these industries include IT Services, IT Enabled Services, Pharmaceuticals and Healthcare, Media and Consumer Products and Services.
Avendus has served more than 100 corporates and funds in M&A , Private Equity and Debt-raising and in Strategic Advisory.
Private Equity Syndication
The sectors Avendus focuses on, namely IT Services, BPO, Pharmaceuticals and Consumer Goods/Services are all dynamic sectors in which rapid growth is changing industry structures rapidly. To capitalize on a given sector's robust demand, external capital often becomes a catalyst to achieving market leadership. Avendus’ focus in this process is to assist companies in raising the necessary capital to meet their growth objectives.
Private Equity Funding
We provide end-to-end advisory solutions to companies in high-growth markets on their capitalization/re-capitalization strategies, which helps them to achieve their growth targets. Typical private equity funding engagements have the following phases in which Avendus works closely with the client’s team in consummating the transaction.
Phase 1: Collateral Preparation
In this phase, we start by engaging the client in a workshop where based on the company’s existing business profile, growth prospects and Avendus’ knowledge of the private equity market, we help the client decide on the most effective capitalization strategy. We also prepare a complete packet of information which enables the transaction to be presented in front of potential investors in a structured way.
In this phase, Avendus helps the client to decide the best way to position the transaction, to maximize value for its shareholders and employees.
Phase 2: Roadshow and Investor Shortlisting
In this phase, Avendus helps the client decide on the kind of private equity funds who will be the right investors for the client, holds initial discussions with the investors, helps the client have road-shows with meeting the potential investors and advises the client to prioritize among the investors to create a shortlist.
Avendus uses its network of relationships with global private equity funds extensively in this phase to identify the right investors.
Phase 3: Commercial Term Sheet
In this phase, Avendus helps the client analyze various offers from potential investors, drives deal negotiations with investors and ensures that the client enters into a term sheet with the private equity fund which meets the client’s strategic objectives.
Avendus leverages its experience in closing transactions as well as its ability to create various options for its client, to create the most effective transaction for the clients’ shareholders and employees.
Phase 4: Due Diligence and Closure
In this phase, Avendus helps the client in co-ordinating the overall due diligence process, and negotiates on the final definitive agreements with the potential investor. Avendus drives this process to reach closure on the transaction.
http://www.avendus.com/privateequity.php
Mumbai
Address:
IL&FS Financial Centre,
B- Quadrant - 5th Floor,
Bandra-Kurla Complex, Bandra (East)
Mumbai - 400 051
India.
Telephone:
+91-22-6648-0050
Facsimile:
+91-22-6648-0040
mumbai@avendus.com
Bangalore
Address:
Suite 1110, 11th Floor
Prestige Meridian I
No 29, M.G. Road
Bangalore 560001
India.
Telephone:
+91-80-4115-0000
Facsimile:
+91-80-2555-0868
Email:
bangalore@avendus.com
Avendus currently focuses on industries where Indian companies have a strategic growth advantage and these industries include IT Services, IT Enabled Services, Pharmaceuticals and Healthcare, Media and Consumer Products and Services.
Avendus has served more than 100 corporates and funds in M&A , Private Equity and Debt-raising and in Strategic Advisory.
Private Equity Syndication
The sectors Avendus focuses on, namely IT Services, BPO, Pharmaceuticals and Consumer Goods/Services are all dynamic sectors in which rapid growth is changing industry structures rapidly. To capitalize on a given sector's robust demand, external capital often becomes a catalyst to achieving market leadership. Avendus’ focus in this process is to assist companies in raising the necessary capital to meet their growth objectives.
Private Equity Funding
We provide end-to-end advisory solutions to companies in high-growth markets on their capitalization/re-capitalization strategies, which helps them to achieve their growth targets. Typical private equity funding engagements have the following phases in which Avendus works closely with the client’s team in consummating the transaction.
Phase 1: Collateral Preparation
In this phase, we start by engaging the client in a workshop where based on the company’s existing business profile, growth prospects and Avendus’ knowledge of the private equity market, we help the client decide on the most effective capitalization strategy. We also prepare a complete packet of information which enables the transaction to be presented in front of potential investors in a structured way.
In this phase, Avendus helps the client to decide the best way to position the transaction, to maximize value for its shareholders and employees.
Phase 2: Roadshow and Investor Shortlisting
In this phase, Avendus helps the client decide on the kind of private equity funds who will be the right investors for the client, holds initial discussions with the investors, helps the client have road-shows with meeting the potential investors and advises the client to prioritize among the investors to create a shortlist.
Avendus uses its network of relationships with global private equity funds extensively in this phase to identify the right investors.
Phase 3: Commercial Term Sheet
In this phase, Avendus helps the client analyze various offers from potential investors, drives deal negotiations with investors and ensures that the client enters into a term sheet with the private equity fund which meets the client’s strategic objectives.
Avendus leverages its experience in closing transactions as well as its ability to create various options for its client, to create the most effective transaction for the clients’ shareholders and employees.
Phase 4: Due Diligence and Closure
In this phase, Avendus helps the client in co-ordinating the overall due diligence process, and negotiates on the final definitive agreements with the potential investor. Avendus drives this process to reach closure on the transaction.
http://www.avendus.com/privateequity.php
Mumbai
Address:
IL&FS Financial Centre,
B- Quadrant - 5th Floor,
Bandra-Kurla Complex, Bandra (East)
Mumbai - 400 051
India.
Telephone:
+91-22-6648-0050
Facsimile:
+91-22-6648-0040
mumbai@avendus.com
Bangalore
Address:
Suite 1110, 11th Floor
Prestige Meridian I
No 29, M.G. Road
Bangalore 560001
India.
Telephone:
+91-80-4115-0000
Facsimile:
+91-80-2555-0868
Email:
bangalore@avendus.com
Saturday, September 29, 2007
Private Banking - Business Concept
Private banking is the activity of managing private client's money. This term is sometimes opposed to retail banking and corporate banking .
A private bank is a bank which offers private banking services. Such banks would not, for example, do mortgage business, merger and acquisitions or have checking accounts. They specialize in clients with large accounts (the minimum balance varies) who want their money invested and managed for the long term.
The expression private banker usually refers to a professional working in the private banking industry. (speaking of a secretary working in a private bank, you would say that she works in a private bank ).
Speaking about a bank, however, private banker means that the bank offers private banking services and that its legal form is a parternship. Indeed, the first private banks were created in Geneva in the 1800s as partnerships, and some are still in the hands of the original families. In Switzerland, such private banks are called private bankers (a protected term) to distinguish them from the other private banks who are usually share corporations. In practice most people would refer to them as private banks .
We stress that the word private, in the context of banking, neither means confidential nor privately held (as opposed to a listed company), nor available only to a few (like a private boat would be). This being said, we should note that, of course, Swiss private banks are also extremely private in the sense of confidential.
http://switzerland.isyours.com/e/faq/private-banking.html accessed on 29/9/2007
Definition: Bank (Meaning of Bank)
Meaning of Bank: A bench; a high seat, or seat of distinction or judgment; a tribunal or court.
ardictionary.com/Bank/742
Financial Dictionary – Meaning for Bank
From the Italian banca meaning 'bench', the table at which a dealer in money worked.
www.anz.com/edna/dictionary.asp?action=content&content=bank
A private bank is a bank which offers private banking services. Such banks would not, for example, do mortgage business, merger and acquisitions or have checking accounts. They specialize in clients with large accounts (the minimum balance varies) who want their money invested and managed for the long term.
The expression private banker usually refers to a professional working in the private banking industry. (speaking of a secretary working in a private bank, you would say that she works in a private bank ).
Speaking about a bank, however, private banker means that the bank offers private banking services and that its legal form is a parternship. Indeed, the first private banks were created in Geneva in the 1800s as partnerships, and some are still in the hands of the original families. In Switzerland, such private banks are called private bankers (a protected term) to distinguish them from the other private banks who are usually share corporations. In practice most people would refer to them as private banks .
We stress that the word private, in the context of banking, neither means confidential nor privately held (as opposed to a listed company), nor available only to a few (like a private boat would be). This being said, we should note that, of course, Swiss private banks are also extremely private in the sense of confidential.
http://switzerland.isyours.com/e/faq/private-banking.html accessed on 29/9/2007
Definition: Bank (Meaning of Bank)
Meaning of Bank: A bench; a high seat, or seat of distinction or judgment; a tribunal or court.
ardictionary.com/Bank/742
Financial Dictionary – Meaning for Bank
From the Italian banca meaning 'bench', the table at which a dealer in money worked.
www.anz.com/edna/dictionary.asp?action=content&content=bank
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