New Delhi: Brokerage and investment banking firm Mefcom Capital Markets has joined hands with UK-based merchant bank Beaufort to provide various cross-border financial services to corporates and other investor classes.
Among other services, the alliance would provide Sharia- compliant investment products and plans to provide the investors access to markets in India, Mid-East, the UK and Europe.
In a statement, the two companies said that they would together target corporate houses, HNIs (high net-worth individuals), domestic institutions and FIIs with their various services.
Mefcom-Beufort would offer its clients services related to cross-border corporate advisory and due diligence work, brand franchising and international licensing transactions, listing and capital raising activities, private equity, investor roadshows, wealth management and stock broking among others.
Taking note of India's growing forex reserves and high economic growth, Beufort International CEO Tanvier Malik said that the tie-up would help channelise the cross-border investments from the country more effectively.
Mefcom Chairman and CEO Vijay Mehta said that the alliance would help provide value-added cross-border financial services to the investors looking to benefit from best global practices.
First Published: Thursday, September 8, 2011, 18:15