BNET Industries
Last Fiscal Year Sales:$248.3M
- Public
- UK
Dow Jones Description
Investment Services
CEO & Chief Investment Officer
Philip RichardsNumber of Employees 137
Peer Companies
NAICS Code Trust, Fiduciary, and Custody Activities: 523991
News & Analysis
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rab capital plc. - All News and Analysis
Hedge fund RAB sells Asian business at Pounds 19m book loss
RAB CAPITAL, the troubled London-based hedge fund, yesterday agreed to sell its Asian business as it tries to shore up its finances. The fund manager, which on top of the general woes affecting the industry has made wrong calls including buying shares in now- nationalised lender Northern Rock,...
Begbies Traynor should be in its element
Investment Column Our view: Buy Share price: 113.25p (-7.25p) Cometh the hour, cometh the company: this is surely the time for great things from Begbies Traynor, the insolvency and restructuring specialist. With thousands of businesses expected to hit the wall during what will...
RAB bans withdrawals from energy fund after oil price falls
RAB Capital's energy fund, once worth more than a 1bn, has banned withdrawals by investors as it struggles with the fall in the price of oil and other commodities. The flagship fund has lost more than 50 per cent of its value in the last 12 months, and...
RAB hedge fund offers lock-in deal as investors' losses grow
RAB CAPITAL will this month attempt to prevent investors from pulling cash out of its flagship Special Situations hedge fund, which has lost $1bn (569m) this year, offering reduced fees if they lock in for three years. Should investors reject the move, the company sees little option but to liquidate...
RAB Capital CEO steps down after failed Rock bet
Philip Richards has stepped down as chief executive of RAB Capital to concentrate on fund management after losing money on a stake in Northern Rock. The 48-year-old will now focus on running Special Situations, RAB's largest fund with about $1.5bn (840m) under management. RAB's share price and assets...
RAB shares dive 15% on profit warning
Troubles continue to mount at the UK hedge fund manager Rab Capital. The group that lost a packet from betting the wrong way on Northern Rock saw its shares sink 15 per cent yesterday on news that assets under management had fallen by more than a 10th since January. ...
RAB shares up after solid results
Business News IN BRIEF *Shares in RAB Capital, the UK-listed hedge fund that lost heavily from bets in Northern Rock, rose 1.8 per cent to close at 56.5p yesterday after it posted solid full year results. The numbers soothed investors after a fortnight of turmoil in the industry,...
Homeland Energy Group Ltd. Secures New Shareholders; - Homeland welcomes BlackRock Investment Management and several other new shareholders - GC-Global converts debenture into 3,241,000 Homeland common shares.
TORONTO, ONTARIO, Mar 12, 2008 Marketwire via COMTEX -- Homeland Energy Group Ltd. (TSX:HEG) ('Homeland' or the 'Company') has been made aware that RAB Capital Plc. has sold its substantial investment position in Homeland in a private transaction to two dozen investors, led by BlackRock Investment...
Notification of Major Shareholding.
M2 PRESSWIRE-11 March 2008-GMA Resources Plc: Notification of Major ShareholdingC1994-2008 M2 COMMUNICATIONS LTD RDATE:10032008 GMA Resources plc received notification on the 7th March 2008 by RAB Capital Plc (held within the Credit Suisse Client Nominees UK Limited account), that...
Rock investors to file lawsuits
Business News IN BRIEF *The first shareholder lawsuits against the Government over its nationalisation of Northern Rock could be filed as early as this week. SRM Global and RAB Capital, which between them own a fifth of the bank, are preparing to file imminently. The head of SRM,...
Decision Makers
| Name (plus bio) | Position |
|---|---|
| Philip Richards | CEO & Chief Investment Officer |
| Stephen Couttie | COO & Director, Finance |
| Rodger Levenson | Executive Vice President & Head, Commercial Banking |
| Christopher R. de Mattos | Secretary & Director, Finance |
| Rod Barker | Director, Business Dev & Distr |
| Benjamin Hill |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Michael Alen-Buckley | Chairman |
| Derek Riches | Board of Directors |
| Norman Lamont | Board of Directors |
| Robert Shrager | Board of Directors |
| Schehrezade Sadeque | Board of Directors |
| Xavier Coirbay | Board of Directors |
| Organization | Position | Status |
|---|---|---|
| RAB Capital PLC | CEO & Chief Investment Officer | Current |
| RAB Capital PLC | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| RAB Capital PLC | COO & Director, Finance | Current |
| Organization | Position | Status |
|---|---|---|
| RAB Capital PLC | Executive Vice President & Head, Commercial Banking | Current |
| Organization | Position | Status |
|---|---|---|
| RAB Capital PLC | Secretary & Director, Finance | Current |
| RAB Capital PLC | Secretary | Current |
| Organization | Position | Status |
|---|---|---|
| RAB Capital PLC | Director, Business Dev & Distr | Current |
| RAB Capital PLC | Board of Directors | Current |
Benjamin Hill is a qualified Lawyer having graduated in Law with Honours in 1997. He has been employed by RAB Capital Plc since its IPO in 2004 and works with Philip Richards on the RAB Special Situations (Master) Fund Limited, an absolute return fund that has approximately US$2.2 Billion under management. The Special Situations Fund is GPN's largest Shareholder, holding approximately 41% of the Company.
| Organization | Position | Status |
|---|---|---|
| RAB Capital PLC | Current | |
| Gladstone Pacific Nickel Limited | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| RAB Capital PLC | Chairman | Current |
| Organization | Position | Status |
|---|---|---|
| RAB Capital PLC | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| RAB Capital PLC | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| RAB Capital PLC | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| RAB Capital PLC | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| RAB Capital PLC | Board of Directors | Current |
Executive News
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UPDATE 1-Hedge fund firm ISAM hires ex-RAB director Barker
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Hedge fund firm ISAM hires ex-RAB director Barker
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If a man rings you from New York, beware
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