Rothschild

Rothschild Company Profile

THE SCOOP

Well connected

Rothschild is one of the world's largest independent merchant and investment banks.  Perhaps best known as a high-powered advisor, Rothschild's investment banking division provides debt advice and restructuring services, mergers and acquisitions advice, equity advice, and advice on divestitures and privatizations.  Other divisions cover private banking and trust, merchant banking and corporate banking.  It has approximately 2,800 employees in 49 offices worldwide, though its footprint remains largest in Europe. 

Rothschild's four North American offices are in New York; Washington, D.C.; Toronto; and Montreal.  As part of Rothschild's global investment banking network, the North American investment banking operation collaborates with offices around the world on cross-border deals, with a special emphasis on the middle market.  Its services include mergers and acquisitions advisory, private placements, restructuring and project finance for U.S., Canadian and multinational clients.  In the real estate department, Rothschild Realty Inc., a real estate investment advisor established in 1981, has $800 million under management through the Five Arrows Realty Securities family of funds.

Asset management services come courtesy of Rothschild Asset Management, an independent business unit headquartered in New York City.  Founded in 1970, Rothschild Asset Management specializes in U.S. equities, and manages nearly $6 billion in assets for corporations, endowments, foundations, healthcare organizations, high-net-worth investors, public pension funds and Taft-Hartley plans. 

How the story began

The investment banking arm of the family-owned Rothschild Group, Rothschild has been serving governments, corporations and wealthy individuals for two centuries.  Its London headquarters have never moved from New Court, St Swithin's Lane, though over the years its offices have been rebuilt and expanded.  The latest version, a Rem Koolhaas-designed tower with a rooftop pavilion, is slated for occupancy in mid-2011.

The Rothschild story began in 1769 when Mayer Amschel Rothschild began offering banking services in his home town of Frankfurt, Germany.  His five sons carried the family business-and the family name-across Europe, winning fame as the financiers who funded the Duke of Wellington's victory over Napoleon.  In later years, the Rothschilds arranged loans for the Prussian government, kept the Bank of England afloat during a financial crisis, financed the British government's purchase of a controlling stake in the Suez Canal, helped De Beers founder Cecil Rhodes establish his eponymous scholarship at Oxford and played a major role in financing the London Tube.  The modern Rothschild family includes vast holdings of art and land, not to mention historic estates and some of the most esteemed vineyards in the French wine country.

There are also the financial services businesses, of course.  These underwent reorganization in 2003 when a new holding company, Concordia BV, was created to oversee operations in Europe.  Rothschilds Continuation Holdings AG is the holding company for U.K. and other international businesses; while it remains under the control of the Rothschild family, Hong Kong-based Jardine Strategic owns a 20 percent stake and Rabobank owns 7.5 percent.

Deal masters

Each year, Rothschild picks up its share of banking industry recognitions.  In 2009, EuroWeek dubbed Rothschild the LBO Advisory Bank of the Year, and Acquisitions Monthly recognized the bank's work on the £7.8 billion ($15.4 billion) acquisition of Scottish & Newcastle plc by Carlsberg A/S and Heineken, naming it the Cross Border Deal of the Year.  In 2010, Acquisitions Monthly named Rothschild Germany M&A Adviser of the Year and Restructuring House of the Year, and gave the firm M&A Deal of the Year honors for its work on the Porsche-Volkswagen merger.  The Banker also singled out Rothschild for its work advising VW, giving it a European M&A Deal of the Year award.  For the first six months of 2010, Rothschild ranked No. 11 in worldwide announced M&A deal volume, according to Thomson Reuters.  Rothschild also ranked No. 8 in European announced M&A and No. 5 in U.K. announced M&A.

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Rothschild


Rothschild North America
1251 Avenue of Americas, 51st. Floor
New York, NY 10020
Phone: (212) 403-3500
Fax: (212) 403-3501
www.us.rothschild.com

STATS


  • Employer Type: Private
  • Chairman: Baron David de Rothschild
  • 2010 Employees: 2,800