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Lloyds Development Capital
Lloyds Development Capital (Holdings) Limited (LDC), is a mid-market private equity house and subsidiary of Lloyds Banking Group, established in 1981 as Lloyds Development Capital Limited. From 1999 to 2011, it was known as Lloyds TSB Development Capital Limited. Operations In 1991, investment exceeded £30 million for the first time and in, 2001, LDC completed its 300th investment. By 2007, investment exceeded £300 million and it completed its 400th investment. The company operates through the following UK subsidiaries, of which it has an interest in 100% of the issued share capital: A subsidiary not registered in the United Kingdom, LDC (Asia) Limited, located in Hong Kong, was liquidated in 2015. Assets * NEC Group The National Exhibition Centre (NEC) is an exhibition centre located in Marston Green, Solihull, West Midlands, England. It is near junction 6 of the M42 motorway, and is adjacent to Birmingham Airport and Birmingham International railway stati ... * UK ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Subsidiary
A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a same management being substantially controlled by same entity/group are called sister companies. The subsidiary can be a company (usually with limited liability) and may be a government- or state-owned enterprise. They are a common feature of modern business life, and most multinational corporations organize their operations in this way. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, or Citigroup; as well as more focused companies such as IBM, Xerox, and Microsoft. These, and others, organize their businesses into national and functional subsidiaries, often with multiple levels of subsidiaries. Details Subsidiaries are separate, distinct legal entities f ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
London
London is the capital and largest city of England and the United Kingdom, with a population of just under 9 million. It stands on the River Thames in south-east England at the head of a estuary down to the North Sea, and has been a major settlement for two millennia. The City of London, its ancient core and financial centre, was founded by the Romans as '' Londinium'' and retains its medieval boundaries.See also: Independent city § National capitals The City of Westminster, to the west of the City of London, has for centuries hosted the national government and parliament. Since the 19th century, the name "London" has also referred to the metropolis around this core, historically split between the counties of Middlesex, Essex, Surrey, Kent, and Hertfordshire, which largely comprises Greater London, governed by the Greater London Authority.The Greater London Authority consists of the Mayor of London and the London Assembly. The London Mayor is distinguished fr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Commercial Bank
A commercial bank is a financial institution which accepts deposits from the public and gives loans for the purposes of consumption and investment to make profit. It can also refer to a bank, or a division of a large bank, which deals with corporations or a large/middle-sized business to differentiate it from a retail bank and an investment bank. Commercial banks include private sector banks and public sector banks. History The name ''bank'' derives from the Italian word ''banco'' "desk/bench", used during the Italian Renaissance era by Florentine bankers, who used to carry out their transactions on a desk covered by a green tablecloth. However, traces of banking activity can be found even in ancient times. In the United States, the term commercial bank was often used to distinguish it from an investment bank due to differences in bank regulation. After the Great Depression, through the Glass–Steagall Act, the U.S. Congress required that commercial banks only engage in ba ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Private Equity
In the field of finance, the term private equity (PE) refers to investment funds, usually limited partnerships (LP), which buy and restructure financially weak companies that produce goods and provide services. A private-equity fund is both a type of ownership of assets ( financial equity) and is a class of assets (debt securities and equity securities), which function as modes of financial management for operating private companies that are not publicly traded in a stock exchange. Private-equity capital is invested into a target company either by an investment management company (private equity firm), or by a venture capital fund, or by an angel investor; each category of investor has specific financial goals, management preferences, and investment strategies for profiting from their investments. Each category of investor provides working capital to the target company to finance the expansion of the company with the development of new products and services, the restructuring ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lloyds Banking Group
Lloyds Banking Group is a British financial institution formed through the acquisition of HBOS by Lloyds TSB in 2009. It is one of the UK's largest financial services organisations, with 30 million customers and 65,000 employees. Lloyds Bank was founded in 1765 but the wider Group's heritage extends over 320 years, dating back to the founding of the Bank of Scotland by the Parliament of Scotland in 1695. The Group's headquarters are located at 25 Gresham Street in the City of London, while its registered office is on The Mound in Edinburgh. It also operates office sites in Birmingham, Bristol, West Yorkshire and Glasgow. The Group also has extensive overseas operations in the US, Europe, the Middle East and Asia. Its headquarters for business in the European Union is in Berlin, Germany. The business operates under a number of distinct brands, including Lloyds Bank, Halifax, Bank of Scotland and Scottish Widows. Former Chief Executive António Horta-Osório told ''The Banker' ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Private Equity
In the field of finance, the term private equity (PE) refers to investment funds, usually limited partnerships (LP), which buy and restructure financially weak companies that produce goods and provide services. A private-equity fund is both a type of ownership of assets ( financial equity) and is a class of assets (debt securities and equity securities), which function as modes of financial management for operating private companies that are not publicly traded in a stock exchange. Private-equity capital is invested into a target company either by an investment management company (private equity firm), or by a venture capital fund, or by an angel investor; each category of investor has specific financial goals, management preferences, and investment strategies for profiting from their investments. Each category of investor provides working capital to the target company to finance the expansion of the company with the development of new products and services, the restructuring ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
NEC Group
The National Exhibition Centre (NEC) is an exhibition centre located in Marston Green, Solihull, West Midlands, England. It is near junction 6 of the M42 motorway, and is adjacent to Birmingham Airport and Birmingham International railway station. It was opened by Queen Elizabeth II in 1976. History The NEC was originally going to be built adjacent to the M1 motorway The M1 motorway connects London to Leeds, where it joins the A1(M) near Aberford, to connect to Newcastle. It was the first inter-urban motorway to be completed in the UK; the first motorway in the country was the Preston By-pass, which ... (junction 21) near Leicester but it was turned down by Leicestershire County Council with claims that "The big shows won't move away from London". The building was designed by Edward Mills. In November 1971, the Secretary of State for the Environment granted outline planning approval for the National Exhibition Centre in Birmingham. On 16 February 1973, then Prime ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
UK2 Group
THG Ingenuity Cloud Services, formerly UK2 Group, is a global provider of internet services. It forms part of THG Ingenuity, an e-commerce services platform. Its services include web hosting, virtual private servers, domain name registration, management, dedicated servers and a content delivery network. History 1998–2010 The group's first brand, UK2.Net, was launched in the UK by Danish entrepreneur Bo Bendtsen in October 1998 as a low-cost, no-frills provider of Internet domain names. By 2000, it had become the UK's largest web hosting company, with an estimated 435,000 customers. Bendtsen retired from the company in 2002 but maintained a controlling stake. Following his departure, the company struggled to maintain its market position under chief executive Erik Anderson. Over the next three years, its customer base shrank by around 50%. In 2006 Anderson stepped down, and the group appointed Ditlev Bredahl as chief executive. The next three years were marked by a series of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lloyds Associated Banking Company
Lloyds Associated Banking Company Limited (LABCO) was the merchant banking arm of Lloyds Bank in the United Kingdom from 1971 until 1985, when it became part of the newly-formed Lloyds Merchant Bank. History LABCOs activities as a licensed deposit-taking institution under the Banking Act 1979, were centred on the raising and lending of sterling funds in the wholesale market, bidding for sterling deposits at market rates independently of the normal branch deposit account system and providing medium-term loans to customers falling outside the bank's usual lending arrangements. Operating principally in the London inter-bank sterling market, it matched deposits and loans closely, thus minimising its exposure to risk. In 1982, Lloyds Associated Banking Company was renamed Lloyds Bank (LABCO) Limited and, in 1985, it became a wholly owned subsidiary of Lloyds Merchant Bank Holdings as a primary market maker in the new gilt-edged market, under the name Lloyds Merchant Bank (Government B ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Agricultural Mortgage Corporation
The Agricultural Mortgage Corporation Plc (AMC) was formed in 1928 under the Agricultural Credits Act, to provide long term mortgages for land and redeveloping farming and rural-based businesses. Initially jointly owned by the Bank of England and the main clearing banks, it was purchased outright by Lloyds Bank in 1993 and is currently a wholly owned subsidiary of Lloyds Banking Group. History Following the first world war, there was a crisis in farming, with too few people owning land. The Government identified a need for long term finance in the agricultural industry to satisfy an investment demand. AMC was created to revitalise land ownership to get a new generation of farmers onto their own land and farming to feed the nation. Prior to 1991, AMC's activities were constrained by statute. In 1993, Lloyds Bank acquired the balance of the share capital from the Bank of England, Barclays Bank, Midland Bank, National Westminster Bank and the Royal Bank of Scotland. As a condition ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
