14.03.2012 - Qatar Investment Authority may acquire minority stake in Violet Arch
Qatar Investment Authority may acquire a minority stake in Violet Arch Capital Advisors. Violet Arch provides I-banking, Securities Trading, Research, Funds Management and other related products to institutional, corporate, and high net worth clients. Violet Arch started its operations by acquisition of Alchemy Shares & Stock Brokers from its promoters and Rakesh Jhunjhunwala. Recently, it partnered with Berenson & Co, a New York-based leading merchant bank, as a strategic investor by selling around 7% stake...............................................Full Article: Source
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