The deal will further strengthen and expand CFE Finance’s investment offering in Europe
London, 18th October 2022 — Investment banking boutique CFE Finance announced today that it has signed a binding agreement to acquire 60% of the share capital of alternative investment boutique RiverRock European Capital Partners LLP (“RiverRock”).
The deal, which is subject to the UK Financial Conduct Authority regulatory approval, will allow CFE Finance to further strengthen and expand its investment offering in Europe, by diversifying its investment portfolio.
Under the terms of the agreement, RiverRock will continue to specialise in providing alternative solutions to global investors and customised solutions to small and medium-sized companies in Europe.
Established in 2009, RiverRock offers a broad range of services including asset management, financial advisory, securities brokerage, and technology solutions. The company is headquartered in London, United Kingdom, and boasts offices in Paris, Milan, Madrid and Luxembourg.
“We are glad to have reached an agreement that is strategic for the growth of our business in Europe” comments Mario Cordoni, CEO of CFE Finance. “Upon completion of the acquisition, we will immediately work with RiverRock’s management team to develop the best synergies and bolster our respective market positioning.”
“The entry of CFE Finance marks a new and inspiring chapter in successful RiverRock’s story” commented Michel Péretié, CEO of RiverRock. “This transaction will further strengthen and expand our investment platform, now that traditional financing channels are not able to fully satisfy market demand”.
ABOUT CFE FINANCE
CFE Finance is an investment banking boutique specialising in niche credit strategies, with assets under management (AUM) of EUR 1.5 billion. Founded in 2001 by Mario Cordoni (CEO), the group conducts its business with the objective of facilitating trade financing not only to, but also from emerging markets. In this respect, CFE Finance is an accredited partner of the leading Export Credit Agencies in Europe and worldwide. Since 2014, the Trade Finance core activity has been complemented by the offering of Trading and Execution services in the global fixed income markets, provided by the group’s offices in London (where CFE Finance is regulated by the Financial Conduct Authority, FCA), Geneva and Munich, which are now accredited with over 200 counterparties worldwide (banks and brokers).
ABOUT RIVERROCK EUROPEAN CAPITAL PARTNERS LLP
Established in 2009, RiverRock European Capital Partners provides alternative investment solutions to investors and customized capital solutions to small and medium-sized companies in Europe. Headquartered in London, United Kingdom, and with offices in Paris, Milan, and Luxembourg, RiverRock offers a broad range of services including asset management, financial advisory, securities brokerage, and technology solutions. The firm provides debt and equity investments, such as preferred equity, convertibles, and loans with equity warrants through RiverRock Italian Hybrid Capital Fund. RiverRock also offers corporate banking solutions through Riverbank. RiverRock is a signatory of the UN Principles for Responsible Investment, the world’s leading proponent of responsible investment. The firm has received an A rating for Strategy & Governance in 2020.
