{"id":271834,"date":"2016-12-05T08:50:00","date_gmt":"2016-12-05T13:50:00","guid":{"rendered":"https:\/\/www.investmentexecutive.com\/uncategorized\/dundee-sells-capital-markets-arm-to-employees\/"},"modified":"2016-12-05T08:50:00","modified_gmt":"2016-12-05T13:50:00","slug":"dundee-sells-capital-markets-arm-to-employees","status":"publish","type":"post","link":"https:\/\/www.investmentexecutive.com\/news\/industry-news\/dundee-sells-capital-markets-arm-to-employees\/","title":{"rendered":"Dundee sells capital-markets arm to employees"},"content":{"rendered":"<\/p>\n

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":"

The new entity will operate as Dundee Capital Partners, with a name change and full re-branding expected for early 2017<\/p>\n","protected":false},"author":38954,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[2312,2318],"tags":[2620],"yst_prominent_words":[],"acf":[],"_links":{"self":[{"href":"https:\/\/www.investmentexecutive.com\/wp-json\/wp\/v2\/posts\/271834"}],"collection":[{"href":"https:\/\/www.investmentexecutive.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmentexecutive.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmentexecutive.com\/wp-json\/wp\/v2\/users\/38954"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmentexecutive.com\/wp-json\/wp\/v2\/comments?post=271834"}],"version-history":[{"count":0,"href":"https:\/\/www.investmentexecutive.com\/wp-json\/wp\/v2\/posts\/271834\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmentexecutive.com\/wp-json\/wp\/v2\/media?parent=271834"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmentexecutive.com\/wp-json\/wp\/v2\/categories?post=271834"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmentexecutive.com\/wp-json\/wp\/v2\/tags?post=271834"},{"taxonomy":"yst_prominent_words","embeddable":true,"href":"https:\/\/www.investmentexecutive.com\/wp-json\/wp\/v2\/yst_prominent_words?post=271834"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}