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INvolve: The EMpower Top 100 Ethnic Minority Executive Role Models 2021

Ivan Menezes, CEO, Diageo Since becoming the CEO of Diageo (DGE.L) in 2013, Ivan has been passionate about driving inclusion and diversity at the company.  Story continues In 2020 he launched a new 10-year sustainability action plan titled ‘Society 2030: Spirit of Progress’.  The plan laid out goals including increasing the representation of ethnic minorities in leadership positions to 45% by 2030, as well as increasing the percentage of Diageo suppliers from female and minority-owned businesses year-on-year.  2020 also saw the roll-out of a new learning intervention ‘Confronting Racial Bias Learning’, and the opening of Diageo’s fourth global ‘INC’ week; an employee-led, grassroots movement encouraging employees around the world to celebrate diversity. 

People moves: Generali Real Estate appoints Baylac Europe logistics head

People moves: Generali Real Estate appoints Baylac Europe logistics head
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Mediobanca s Cairn Capital to Buy Bybrook Capital

Mediobanca’s Cairn Capital to Buy Bybrook Capital Posted on 02/02/2021 Mediobanca’s Cairn Capital Limited grew its wealth management division with the acquisition of London-based distressed credit specialist Bybrook Capital. Cairn Capital will takeover and merge with Bybrook to create a diversified alternative credit manager with around US$ 8 billion in assets under management. Mediobanca will retain a stake of around 64% in the new group, while the remaining 36% will be held by former Bybrook shareholders and Cairn Capital’s minority investors. Bybrook specializes in distressed credit investing, which has approximately £1.8 billion in assets under management. Bybrook was set up in 2014 by former Eton Park partner Robert Dafforn with backing from The Blackstone Group. Wealth management contributed 25% of Mediobanca’s group revenues and 46% of fee income as of June 30, 2020. Mediobanca acquired Cairn Capital in 2015 and RAM Active Investments in 2017.

Mediobanca s Cairn unit merges with bad loan manager Bybrook

2 Min Read MILAN (Reuters) - Mediobanca has expanded its wealth management division with the acquisition of London-based distressed credit specialist Bybrook Capital via its local business Cairn Capital. Slideshow ( 2 images ) Cairn Capital will buy and merge with Bybrook to create a leading diversified alternative credit manager with around $8 billion in assets under management, the Italian bank said on Tuesday. Mediobanca will retain a stake of around 64% in the new group, while the remaining 36% will be held by former Bybrook shareholders and Cairn Capital’s minority investors. No other financial details were provided. Backed since its creation in 2014 by the world’s largest manager of alternative assets Blackstone Group, Bybrook focuses on stressed and distressed debt and special situations in Europe and currently manages around $2.5 billion on behalf of top tier international institutional investors.

Mediobanca s Cairn Capital acquires and merges with Bybrook Capital: Reuters

Mediobanca s Cairn Capital acquires and merges with Bybrook Capital: Reuters
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