Cairn KPIs

  • Acquisition closed in Dec.15
  • Credit asset class: good fit with MB DNA , high synergies with CIB business (sharing product capabilities, customer base, distribution)
  • Set up in 2004, Cairn is an asset specialist with €8bn AUM/AUA: strong skills and experience across broad credit products spectrum
  • Strong reputation and management team with robust institutional relationships and previous CIB experience
  • Based in London, 60 employees; presence in Greenwich (US). Scalable operational infrastructure 

c2

  • Growth acceleration potential from MB institutional roof, brand and balance sheet capabilities. Senior management to maintain key roles
  • Material revenue synergy opportunity from the combination of Cairn Capital with MB:
    • Seed capital and distribution
    • Sourcing and origination of new loans 
    • Leveraging on MB CIB business, e.g. restructuring, real estate advisory, debt and solution business