Lighthouse Financial Announces Investment Partnership with Angad Paul
By Lighthouse Financial, PRNEThursday, January 7, 2010
Firm Also Announces Creation of QuantalLighthouse; New Initiatives Build on the Firm's Growth in 2009 and Generate Momentum for Further Expansion in 2010
NEW YORK, January 8 - Lighthouse Financial, a full-service broker dealer, today announced that
it is forming an Investment Partnership with Angad Paul, CEO of Caparo plc, a
global association of businesses with over a 1bn Euro turnover. The
initiative helps strengthen the Lighthouse Financial franchise and will allow
for the firm's continued expansion overseas.
"With Angad based in London, it makes it easier for us to execute on our
vision of being operational in the UK in 2010," said Christopher Foxall,
Partner and Head of the Global Portfolio Trading Division at Lighthouse
Financial.
The arrangement is strategic for Lighthouse Financial as the firm will
benefit from the global presence and strong brand of the Caparo Group. "This
deal does more than just strengthen our firm financially. We are extremely
excited about working closely with Angad in the areas of Investment Banking,
Wealth Management and Asset Management," said Robert Bradley, COO and
founding Partner of Lighthouse Financial.
Lighthouse Financial also announces the launch of QuantalLighthouse
solutions which provides consulting services, risk management and performance
attribution software to Prime Services clients.
Both initiatives will enable Lighthouse Financial to build upon the
firm's rapid expansion in 2009. Over the past year, Lighthouse Financial has
made significant growth launching Derivatives and Portfolio Trading platforms
as well as adding new value-add products such as PFCEnergyLighthouse.
"I am very pleased to be able to work alongside a company such as
Lighthouse Financial. They have managed to create considerable opportunity
from the events that dislocated Wall Street and I look forward to their
presence and continued success in London," said Angad Paul.
About Lighthouse Financial
Founded in 1999, Lighthouse Financial is a New York-based full-service
broker dealer focused on providing institutional sales and trading, global
portfolio trading, prime services, capital markets and investment banking.
Lighthouse Financial is an operating subsidiary of Lighthouse Global
Partners, LLC. Lighthouse Financial is a registered member of FINRA, MSRB,
ISE, NFA, SIPC and NASDAQ OMX PHLX. For more information about Lighthouse
please visit www.lhfg.net.
Amy Rosenberg, +1-212-614-4558
Tags: Lighthouse Financial, New York, United Kingdom