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Company type | Private Limited Company |
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Industry | Finance, banking |
Founded | 1823 |
Founder | Philip Cazenove |
Defunct | 2009 |
Headquarters | United Kingdom |
Services | Stockbroker and investment bank |
Cazenove was a British stockbroker and investment bank, founded in 1823 by Philip Cazenove. It was one of the UK's last independent investment banks and one of the last to remain a private partnership. The investment banking business entered into a joint venture with JPMorgan Chase in 2004, and the fund management business Cazenove Capital Management spun off in 2005. In 2009, JPMorgan Chase acquired the remainder of the investment banking business. Cazenove Capital Management was acquired by Schroders in 2013.
The Partnership was well known for its "blue-blooded" reputation and its complete aversion to publicity. It was one of the most successful brokers and corporate advisers in London, being described by the Financial Times as "dominant"[1] and as having an "aura".[2]