Printer Friendly

China : BNRI and Ilex Partners form strategic partnership for China.

Barclays Natural Resource Investments ( BNRI ), a global private equity business focused on natural resource investment opportunities and a division of Barclays Bank PLC, and Ilex Partners Limited ( Ilex ), a Beijing-based corporate advisory firm, today announced a strategic partnership. Ilex will work closely with BNRI in relation to business development in mainland China, enabling BNRI to grow and strengthen its portfolio companies and pool of co-investors.

The partnership with Ilex is another major step for BNRI in the expansion of its business in Asia. BNRI has already developed relationships with diverse co-investors and has invested across Asia. Ilex will work with BNRI to facilitate business development, ranging from sourcing Chinese co-investors for both new and existing portfolio investments and advising BNRI portfolio companies on strategic joint ventures in China, to assisting BNRI with portfolio company exits.

Freddie Lee, Director, BNRI said, "We are very focused on building up our business in mainland China. Asia is a growth region for us and we expect our new relationship with Ilex to enhance the value proposition we offer to co-investors and portfolio companies both in and out of the region. Ilex s expertise and relationships in China will enhance BNRI s success locally."

Ilex has operated in China for a number of years. Mainland China offers many opportunities that are attractive to investors and talented management teams in the natural resources sector. As a result, BNRI considers it critical to develop close relationships on the ground.

William Stonor, CEO, Ilex, said: "We are delighted to be working with BNRI and to bring our unique expertise to bear in developing their future success. We are particularly excited about the collaboration between our two companies as we have identified many opportunities in the market that we are keen to explore with BNRI."

2013 Al Bawaba (Albawaba.com)

Provided by Syndigate.info an Albawaba.com company
COPYRIGHT 2013 Al Bawaba (Middle East) Ltd.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2013 Gale, Cengage Learning. All rights reserved.

 
Article Details
Printer friendly Cite/link Email Feedback
Publication:Mena Report
Geographic Code:90ASI
Date:Nov 22, 2013
Words:309
Previous Article:China,United Arab Emirates : HUAWEI inks strategic partnership with ENTERPRISE SYSTEMS.
Next Article:China : worldsteel promotes green manufacturing in China.
Topics:

Terms of use | Privacy policy | Copyright © 2018 Farlex, Inc. | Feedback | For webmasters