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Aquiline Capital Partners LLC Invests in 5.1% of the Shares of BinckBank N.V.
NEW YORK, April 22 /PRNewswire/ -- Aquiline Capital Partners LLC ("Aquiline"), a New York based private
equity firm investing in financial services, today announced it has made an
investment in 5.1% of the outstanding shares of BinckBank N.V. ("BinckBank"),
an online bank for investors based in the Netherlands. The investment is made
through a wholly-owned subsidiary of the Aquiline Financial Services Fund
L.P. and its affiliates.
"The recent acquisition of Alex Beleggersbank, the former online
brokerage subsidiary of Rabobank, has transformed BinckBank into the market
leader for online banking for investors in the Netherlands, ranking it among
the most profitable in all of Europe," said Geoffrey Kalish of Aquiline. "We
look forward to supporting the Company's further expansion and creation of
additional value for shareholders."
About Aquiline Capital Partners LLC
Aquiline is a private equity firm based in New York investing in
financial services enterprises in industries such as property and casualty
insurance, specialty finance, securities, asset management, life insurance,
and transaction processing. Aquiline seeks to add value to its portfolio
companies through strategic, operational, and financial guidance.
Contacts:
Finsbury Group:
Andy Merrill / Tripp Kyle - New York
+1-212-303-7600
andy.merrill@finsbury.com
tripp.kyle@finsbury.com
Matthew Newton - London
+44-207-251-3801
matthew.newton@finsbury.com
