Toronto-based Dundee Corp. has sold the assets of its capital-markets business to a new employee-owned partnership.<\/p>\n

“The transfer of our capital markets business completes a process we began more than a year ago,” says David Goodman, president and CEO of Dundee, in a statement. “We believe this new enterprise is well-positioned to succeed as a stand-alone entity.”<\/p>\n

The new entity will operate as Dundee Capital Partners (DCP), with a name change and full re-branding expected to be announced in early 2017.<\/p>\n

“I am extremely pleased to be working with a group of seasoned executives and professionals with a track record of success and accomplishment in the Canadian capital markets,” says Mark Attanasio, CEO of DCP, in a statement. “On behalf of my partners, we are excited for the chance to leverage our entrepreneurial culture to build a leading independent Canadian firm, focused on meeting the needs of a diverse client base.”<\/p>\n

Dundee will continue to maintain an interest in DCP through the form of subordinated debt.<\/p>\n

Photo copyright: macfromlondon\/123RF<\/em> <\/p>\n","protected":false},"excerpt":{"rendered":"

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