Tuesday August 22, 2017

ANNUAL CONCORDIA SUMMIT TO ADDRESS THE UN SUSTAINABLE DEVELOPMENT GOALS

LXM Group is pleased to announce its continued sponsorship of the Concordia Annual Summit in New York. The Summit will convene over 2000 high-level influencers and decision makers through action-oriented programming that aims to build partnerships for social impact. This yearly nonpartisan forum takes place alongside the U.N. General Assembly and addresses the major issues impacting the global community, including the mounting refugee crisis, the rise of populism, investment in sustainable infrastructure, and the evolution of domestic health policy, among many others. The Summit will feature over 250 global experts and high profile contributors who are working collaboratively to create a more prosperous and sustainable future. Confirmed speakers include: Nicos Anastasiades, President of Cyprus, José María Aznar, Former President of the Government of Spain, Stephen Badger, Chairman of the Board of Directors, Mars, Paul Bulcke, Chairman, Nestlé, Kathy Calvin, President and CEO, United Nations Foundation, Carolyn Miles, President and CEO, Save the Children and General (Ret.) David Petraeus, Former General Director, Central Intelligence Agency. Sessions take the format of strategic dialogues, plenary sessions, roundtables and private meetings and seek to identify collaborative solutions to address the UN Sustainable Development Goals (SDGs). Concordia is a registered non-profit, nonpartisan organisation that builds meaningful partnerships for positive social impact. As equal parts convener, campaigner, and idea incubator, Concordia is actively fostering cross-sector collaboration to create a more prosperous and sustainable future. Concordia was founded in 2011 by Matthew A. Swift and Nicholas M. Logothetis. For more information please see: www.concordia.net
Wednesday August 16, 2017

LXM NEW YORK CONTINUES U.S. EXPANSION WITH DAVID HEGARTY HIRE

LXM Group is delighted to announce the appointment of David Hegarty as Senior Trader in New York, as part of the Group’s strategic expansion and enhancement of its operations in North America. David’s main role will be to broke U.S. equities to LXM Group’s diverse client base, with a particular focus on facilitating the trading of ADR shares in Asian and European companies.  Prior to joining LXM Group, David was Co-Head of Trading at Kepler Cheuvreux in New York, before moving to Jefferies in 2014 as Senior Vice President of Equity Trading. “We are committed to driving the expansion of our operations in the Americas and I am thrilled to welcome someone of David’s calibre to the firm.” said Matthew Mavridoglou, CEO of LXM Group. “His hire will augment our capabilities to provide the highest levels of trading, advisory and investment services to an increasingly wide range of clients.” “David brings a wealth of experience to the Group with a career spanning almost 20 years in financial markets,” said Joe Froschauer, Head of Trading and General Manager of LXM Group New York.  “His expertise and client relationships will help us to propel the growth of the business. I look forward to working with him.” “This is an exciting time to join LXM Group and I am pleased to be coming on board during an important period for the firm” said David Hegarty. “I am looking forward to leveraging LXM’s unique global broker dealer network to identify compelling trading opportunities and deliver the best outcome for our clients.” David’s appointment follows the hire of Joe Froschauer as Head of Trading and General Manager in the U.S. in July.  He will work closely with Joe to provide insightful trading services, expand the company’s sales coverage and realise the synergies with LXM Group’s headquarters in London which provides Credit, Equity, and Foreign Exchange Brokerage, Investment Banking and Debt Management services.
Monday July 24, 2017

JOE FROSCHAUER JOINS LXM AS HEAD OF US TRADING

LXM Group is delighted to announce the appointment of Joe Froschauer as Head of Trading and General Manager for the firm’s operations in the United States. Joe joins LXM from the Nomura Group, where he was Managing Director with Instinet in Global Sales Trading in New York. He will be responsible for building trading relationships with North American based Global Institutional Asset Managers by identifying equity and fixed income trading opportunities. Joe will work hand in hand with LXM’s strong global broker partnerships, held in high regard by many fund managers, in delivering valuable local access and knowledge from our unique global broker dealer network. Joe's background in financial markets and his proven leadership qualities will enhance LXM's existing operations in the US. He has extensive industry experience with a career spanning 23 years. Prior to Nomura, Joe held roles at Lehman Brothers as Senior Vice President in International Sales Trading (2007-2008) and Goldman Sachs as Vice President in International Sales Trading (1999-2007). Responsibilities included running the international component of global trading calls and covering international trading accounts. Matthew Mavridoglou, CEO of LXM Group, said: “We are delighted that Joe has joined the Group. His breadth and depth of experience in the industry will be invaluable during this exciting phase of development for the company.” Joe Froschauer added: “I am very pleased to be joining such a dynamic team and I look forward to growing the business. In my new capacity, I am particularly looking forward to working with LXM’s range of clients from international investment banks to smaller investment funds.”
Monday July 03, 2017

LXM ADVISED CONSORTIUM ON BID FOR GREECE’S NATIONAL BANK’S INSURANCE ARM

LXM Group advised US-based Calamos Investments and Netherlands-based EXIN Partners (together, the “Consortium”) on their bid to acquire Greece’s National Bank’s insurance arm, Ethniki Hellenic General Insurance S.A. The Consortium has announced that its bid was successful for a 75% stake worth €718 million. LXM Group acted as a financial adviser for the transaction. Matt Fairfield, Co-Founder and CEO of EXIN Partners said: “We were delighted to work with the team at LXM on our purchase of Ethniki. The uncommon knowledge, diligence and great character of the LXM team were exemplary." The deal and partnership demonstrates EXIN’s commitment to developing opportunities in the region following its purchase of a 50% stake in AIG Greece in December 2016. The Consortium has stated that it shares a common ambition with NBG to develop Ethniki Insurance and substantially upgrade its core systems and processes to better serve customers. Matthew Mavridoglou, CEO of LXM Group said: “The Group is pleased to have supported the Consortium in its successful bid and to aid the resurgence of quality investors in Greece. The advisory role forms part of LXM’s active engagement with both foreign investors and the Greek diaspora abroad to invest in Greece.”
Tuesday June 27, 2017

INAUGURAL CONCORDIA EUROPE SUMMIT HELD IN ATHENS

LXM Group was proud to sponsor the inaugural Concordia Europe Summit in Athens, which was held on the 6th and 7th June 2017. The event welcomed as featured speakers the former Vice President of the United States, Joe Biden, along with the Greek Prime Minister, Alexis Tsipras, and Non-Executive Chairman of Goldman Sachs International and former President of the European Commission, José Manuel Barroso.   In numbers: 700+ Summit Participants 600+ News Stories Generated 11 Current & Former Heads of State & Government Attended 36 Speakers & Conversation Leads #1 Trending Hashtag in Greece   The Summit took the format of Strategic Dialogues which featured 25-35 select individuals, including current and former heads of state, CEOs of leading corporations and heads of multilateral organizations, who discussed particularly pressing global problems; these included among others the future of Europe, the political economy of the EU, the refugee crisis and EU-US relations. These Strategic Dialogues were supported by partnership announcements, fireside chats and keynote remarks by regional heads of state or government that anchored the greater discussions throughout the Summit. This was the first major European event for Concordia, a nonpartisan nonprofit organization that enables public-private partnerships to create a more prosperous and sustainable future. The event convened over 400 leaders from the public, private, and nonprofit sectors and provided attendees with an opportunity to participate in meaningful discussions on how public-private partnerships can address pressing issues facing the continent and beyond, including the mounting refugee crisis, the future of the European Union and regional investment in achieving the U.N. Sustainable Development Goals (SDGs). For more information please see the Concordia website and the Post Summit Report.