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Arnhold And S. Bleichroder
Arnhold and S. Bleichroeder was a New York-based investment bank, originally formed in Germany by the 1931 merger of Arnhold Brothers and S. Bleichröder, and relocated to the United States in 1937. It remained as a fund management company under the control of the Arnhold and Kellen families until December 2015, when majority ownership was sold to the Blackstone Group LP and Corsair Capital LLC, led by Simpson Thacher & Bartlett. History The firm's core constituent was of a merger between the banking firm of S. Bleichröder, founded by Samuel Bleichröder in 1803 in Berlin, and the banking firm of Gebr. Arnhold ( Arnhold Brothers) founded in Dresden in 1864. Arnhold Brothers acquired S. Bleichroeder in 1931. With the rise of Nazi persecution, the firm moved its activities to New York City in 1937 and conducted its business under the name of S. Bleichroeder New York Inc., Inc. Following Hans Arnhold's emigration from Paris to New York in September 1939, the firm's name was chan ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Investment Bank
Investment is traditionally defined as the "commitment of resources into something expected to gain value over time". If an investment involves money, then it can be defined as a "commitment of money to receive more money later". From a broader viewpoint, an investment can be defined as "to tailor the pattern of expenditure and receipt of resources to optimise the desirable patterns of these flows". When expenditures and receipts are defined in terms of money, then the net monetary receipt in a time period is termed cash flow, while money received in a series of several time periods is termed cash flow stream. In finance, the purpose of investing is to generate a return on the invested asset. The return may consist of a capital gain (profit) or loss, realised if the investment is sold, unrealised capital appreciation (or depreciation) if yet unsold. It may also consist of periodic income such as dividends, interest, or rental income. The return may also include currency gains ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
