Tips to take away from the Ruspetro flotation January 23, 2012 THE successful flotation of Ruspetro, the Russian oil and gas explorer, is being looked on by many in the City as an opportunity to finally get a moribund IPO market off the ground. It’s the first main market listing of the year and it follows a period during which only the most courageous or crazy [...]
CITY MOVES | WHO’S SWITCHING JOBS January 23, 2012 Avoca Capital Avoca Capital, the European credit investment manager with €6bn assets under management, has strengthened its sales and marketing capabilities by appointing Rachel Black as head of capital raising for the credit hedge fund team, based in the London office. Black joins from Concerto Asset Management, where she was head of marketing and business [...]
Unseeded Makarova dumps Serena January 23, 2012 FIVE-TIME champion Serena Williams blamed a litany of mistakes after crashing out of the Australian Open to unseeded Russian Ekaterina Makarova. The American was guilty of seven double faults and 37 unforced errors as Makarova claimed the most notable scalp of her career 6-2, 6-3. “She played really well, she went for broke on a [...]
Lobster and burgers, folks… that’s it January 23, 2012 THE vogue for culinary simplicity has been around for a while. The shorter the menu, the better – after all, asks the modern diner, how can caviar, steak, chicken, risotto and a thousand other dishes from one kitchen and one staff be fresh, made with the best of the day’s ingredients? Well, the guys behind [...]
SUPERMODELS AND SHY TYCOONS LAUNCH THE SCOTCH AND JALOUSE January 22, 2012 TWO PARTIES in one evening. Just a usual Thursday night out for supermodel Kate Moss, who started last Thursday evening at Arjun Waney’s Arts Club before moving on to the re-opening of The Scotch the other side of Piccadilly in St James’s. The Capitalist had been informed that the venue’s opening night would be a [...]
Reading will stay prudent, Madejski says January 22, 2012 THE outgoing owner of Reading FC has warned against hopes of a spending spree once he has completed a deal to sell the club to a Russian tycoon. Sir John Madejski is locked in due diligence and expects to finalise a deal with Thames Sports Investment (TSI) by the end of March. Yesterday he claimed [...]
From Russia with love: cash flowing into London January 22, 2012 FROM the King’s Road to Royal Berkshire – football’s Russian revolution looks set to claim another victory this spring when Anton Zingarevich pours his cash into Reading. The Championship side is small in comparison to Roman Abramovich’s Chelsea but it is, at least, very near to London, which remains an affluent market and the spiritual [...]
Zingarevich: from paper millionaire to new Royal blue January 22, 2012 UNTIL the last few days, Anton Zingarevich had barely been heard of in Reading. The Russian is better-known on Merseyside, however, after he came close to taking a 40 per cent stake in Everton in 2004. The deal, through Fortress Sports Fund, never materialised, despite Toffees chairman Bill Kenwright hailing Zingarevich’s “encyclopaedic football knowledge”. Reading [...]
CANDY BROTHERS SEEK ENLIGHTENMENT WITH SERENE NEW TENANTS January 19, 2012 THE BEST things come to those who wait – and this week the Candy brothers have finally revealed two new tenants for their One Hyde Park development. About time for the block of super-apartments that has secured just three full-time residents one year after launch. Except – unfortunately for the Knightsbridge complex that has been [...]
Polymetal’s gold and silver production rises but broker views dent its shares January 19, 2012 RUSSIAN precious metals miner Polymetal expects 2012 gold output to range from 590,000-640,000 ounces, up from 443,000 ounces last year, as it expands mining operations, it said yesterday. Silver output is expected between 21-23m ounces this year, up from 19.9m ounces in 2011. The company produced 6.4m ounces of silver in the fourth quarter, up [...]