204:
was the reason of strong foothold the partnership gained within the establishment. Serving the needs of clients in remote areas and specialty situations, exemplified by colonial assets and major projects, the younger partner was the most celebrated traveling banker in Paris, mostly serving Defoe
Fournier & Cie. needs by traveling where business required, and referring to his occupation as "merchant". The ability of Defoe Fournier & Cie. and the willingness of one of its senior partners to travel to any length and provide the highest level of support to clients has earned the company its respectable rank, result oriented reputation and high levels of profitability for many years to come. The utmost confidentiality maintained by Defoe Fournier & Cie., along with absolute financial prudence, were the cornerstones of its business.
185:
995:
985:
965:
945:
935:
975:
955:
226:
245:
203:
and The Empire, a period when the atmosphere was of rebirth, innovation, and tradition. When he co-founded Defoe
Fournier & Co., his partner, Anatole Defoe, had been in banking for more than 20 years; however, it was Fournier's avant-garde approach to banking, a profession of utmost conservatism,
198:
Over next 180 years, Defoe
Fournier & Cie. did not really change. It was considered to be one of the most reliable partnerships and was recognized by many French and Belgian colony rulers who appointed Defoe Fournier & Cie. as their keepers of wealth. In the early years, much of the character
240:
Starting in 2002, the group initiated its strategy to develop small and mid-cap merchant banking business to supplement its blue-chip corporate focus in Europe. Starting in the U.S., it established a joint venture with CS Opportunity Group, a boutique investment bank focused on real estate intensive
271:
In 2010, Defoe
Fournier & Cie. business lines were restructured as it was clear that there were two groups of partners in the firm with differing strategic views. There were the traditionalists who saw little need for change of the firm's historical business or further expansions into new lines
260:
company, the 4th world largest integrated commercial real estate services company with over 6,000 employees working globally through 150 offices. The purpose of acquiring Grubb & Ellis for over $ 110 million was to establish, in one big step, a global merchant banking group focused on small and
216:
capabilities and when it was a firm with very tight lips to the very wealthy
European establishment, with just 70 employees, working under the governance of 30 or so partners. Dozens of subsidiaries and business units reported to the firm and its partners. With over $ 5 billion in capital, the firm
170:
Defoe
Redmount], a United States affiliate of Defoe Fournier, acquired a large part of Defoe Fournier & Cie's business, with around 20 investment and financial professionals joining the firm. The rest of Defoe Fournier's business operations, led by some of its partners, became part of another
30:
267:
In 2009, Hill van Breen & Co., a project and industrial metals trade finance house, merged into Defoe
Fournier & Cie. with two of its partners becoming partners within the merchant banking group and leading its project finance and commodity trade desk. During the 2010–12 period several
282:
On
December 30, 2016, Defoe Redmount acquired a large part of Defoe Fournier & Cie's business, with around 20 investment and financial professionals joining Defoe Redmount. The rest of Defoe Fournier's business operations became part of Barings, a UK-based financial and investment group.
291:
In 2017, the firm acquired the balance of 50% ownership in
Edelmetallhändler gold bullion house. Defoe Fournier & Cie. has held a 50% ownership in Edelmetallhändler since 1931. During the same year, the firm co-founded Adriatic Capital Partners, a New York City and
261:
medium size corporate customers, the core business of Grubb & Ellis. The Board of Grubb & Ellis refused the Defoe
Fournier's all-cash offer and a few months later was still forced to sell the company, via an ill-timed merger, to NNN Realty Advisers Inc.
272:
of business. Then there was the group of partners that was expanding the firm's small and mid-size company-oriented business. As a result, the firm's emerging company merchant banking and project and commodity finance activities were spun off as
217:
was considered to be very solid. It never solicited business, and its partners, mostly hailing from European wealthy dynasties, were the discreet face of the firm, which had no obvious presence and its single office had no name plate.
199:
of Defoe Fournier & Cie. can be attributed to its junior co-founding partner Mathis Fournier. He came to maturity during the turbulent times of French Revolution followed by
865:
443:
1034:
279:
In 2013, the partners of Defoe Redmount invested capital into Defoe Fournier & Cie., as part of new capital raise, taking a sizable ownership in the firm.
938:
1029:
264:
In 2007, the number of partners was reduced dramatically, from an estimated 35 to fewer than 15. The bulk of partners' capital was reduced due to this.
1044:
436:
312:
Assessment of the Range of Potential Funding Mechanisms for CO2 Transportation Networks. Published by Environmental Resources Management. May 2008
1049:
512:
998:
429:
237:
Committed to focus on its core business, Defoe Fournier & Cie. grew to become a global assets investment and merchant banking firm.
910:
360:
Archives de France: Centre des archives du monde du travail (The Centre for Archives of the Workplace). Retrieved March 11, 2003.
163:
were funded by the group's capital, and investments often involved large ownership positions in blue-chip European companies.
383:
732:
727:
1039:
635:
370:
296:
based investment group focused on the investment opportunities arising in the Adriatic region of south central Europe.
191:
Founded as Defoe Fournier & Cie. in 1824 in Paris by Anatole Defoe and Mathis Fournier, the firm became a leading
313:
520:
497:
395:
968:
710:
132:
company. As part of its traditional business, the firm and its partners were a source of financial advice for
978:
948:
958:
715:
545:
540:
535:
530:
525:
592:
1019:
802:
752:
690:
650:
597:
133:
1024:
988:
905:
900:
885:
880:
835:
895:
860:
757:
587:
812:
720:
105:
268:
business units of other financial houses were taken over and combined into firm operations.
840:
625:
502:
8:
915:
777:
767:
685:
680:
676:
630:
147:
marketplace and was an active investor in large project financing transactions, such as
890:
850:
787:
782:
620:
140:
855:
582:
577:
572:
487:
421:
394:
Grubb & Ellis Board's refusal to accept offer to sell the company, November 2005
249:
148:
144:
52:
695:
564:
475:
257:
213:
143:
positions in various industries, often conducting its investment activities in the
136:, specifically large stockholders and "family trusts" of listed family businesses.
129:
875:
797:
645:
607:
482:
456:
293:
200:
108:
48:
700:
615:
492:
452:
230:
102:
56:
244:
1013:
807:
792:
772:
660:
99:
373:(The Centre for Archives of Overseas Territories). Retrieved March 11, 2003.
920:
845:
817:
762:
655:
195:
trading house, establishing itself as a gold custodian and transfer agent.
192:
96:
705:
184:
870:
640:
382:
Offer to acquire all shares of Grubb & Ellis Company, October 2005
276:
which was created as a separate company with head offices in New York.
160:
29:
159:. Many offshore oil drilling platforms, power generation plants, and
16:
Defunct independent boutique investment and merchant banking company
252:
financed, as part of bank syndicate, by Defoe Fournier in the 2000s
152:
225:
111:
273:
167:
85:
21:
470:
229:
The home of Defoe Fournier & Cie.'s New York offices at
179:
156:
333:
Royal Dutch Shell Plc private placement prospectus, 1982.
451:
415:Per the web site of Defoe Redmount, May 29, 2017.
1035:Financial services companies established in 1824
1011:
406:Per the website of Defoe Redmount, May 29, 2017.
351:Per the website of Defoe Redmount, May 29, 2017.
139:Additionally, the firm acquired strategic and
84:In 2016, divided in two parts and merged with
437:
939:Private equity and venture capital investors
256:In 2005, the group attempted to acquire the
128:was an independent boutique investment and
1030:Private equity firms of the United Kingdom
974:
954:
911:Taxation of private equity and hedge funds
728:Private investment in public equity (PIPE)
444:
430:
342:ABN AMRO project finance prospectus, 2002.
1045:Private equity firms of the United States
171:UK-based financial and investment group.
243:
224:
183:
180:Initial years and through modern finance
151:. The firm co-invests with the likes of
1012:
425:
1050:French companies established in 1824
324:PETROMagazine, Special Edition 2007
13:
286:
14:
1061:
207:
994:
993:
984:
983:
973:
964:
963:
953:
944:
943:
934:
933:
220:
28:
409:
400:
371:Centre des archives d'Outre Mer
248:Easington Langeled Terminal of
20:Defoe Fournier & Cie., now
711:Publicly traded private equity
388:
376:
363:
354:
345:
336:
327:
318:
306:
212:In the 1970s, it expanded its
1:
979:List of venture capital firms
299:
959:List of private equity firms
716:Business Development Company
88:and the balance with Barings
68:; 200 years ago
7:
10:
1066:
803:High-net-worth individuals
593:Leveraged recapitalization
174:
134:high-net-worth individuals
119:
1040:Banks established in 1824
929:
826:
745:
691:Limited liability company
669:
651:Venture capital financing
606:
598:Dividend recapitalization
563:
554:
511:
463:
126:Defoe Fournier & Cie.
92:
80:
62:
44:
36:
27:
758:Institutional investors
896:Liquidation preference
861:Distribution waterfall
813:Sovereign wealth funds
253:
234:
188:
166:On December 30, 2016,
969:Venture capital firms
721:Venture capital trust
247:
228:
187:
106:Investment Management
949:Private equity firms
677:Private equity firms
626:Post-money valuation
503:Equity co-investment
369:Archives de France:
999:Portfolio companies
916:Undercapitalization
768:Insurance companies
686:Limited partnership
631:Pre-money valuation
124:From 1824 to 2016,
40:Private partnership
24:
851:Capital commitment
621:Business incubator
588:Buy–sell agreement
254:
241:industry sectors.
235:
189:
141:passive investment
109:Investment banking
19:
1007:
1006:
856:Capital structure
741:
740:
583:Divisional buyout
578:Management buyout
573:Financial sponsor
258:Grubb & Ellis
250:Langeled pipeline
149:Langeled pipeline
145:private placement
117:
116:
53:wealth management
1057:
1020:Investment banks
997:
996:
987:
986:
977:
976:
967:
966:
957:
956:
947:
946:
937:
936:
798:Commercial banks
788:Investment banks
696:Carried interest
561:
560:
464:Investment types
446:
439:
432:
423:
422:
416:
413:
407:
404:
398:
392:
386:
380:
374:
367:
361:
358:
352:
349:
343:
340:
334:
331:
325:
322:
316:
310:
214:merchant banking
130:merchant banking
100:Merchant banking
76:
74:
69:
32:
25:
18:
1065:
1064:
1060:
1059:
1058:
1056:
1055:
1054:
1025:Banks of France
1010:
1009:
1008:
1003:
989:Angel investors
925:
876:High-yield debt
829:financial terms
828:
822:
737:
665:
646:Startup company
602:
556:
550:
507:
459:
457:venture capital
450:
420:
419:
414:
410:
405:
401:
393:
389:
381:
377:
368:
364:
359:
355:
350:
346:
341:
337:
332:
328:
323:
319:
311:
307:
302:
294:Zagreb, Croatia
289:
287:2016 to Present
223:
210:
201:Napoleonic Wars
182:
177:
122:
97:Private banking
72:
70:
67:
49:Private banking
17:
12:
11:
5:
1063:
1053:
1052:
1047:
1042:
1037:
1032:
1027:
1022:
1005:
1004:
1002:
1001:
991:
981:
971:
961:
951:
941:
930:
927:
926:
924:
923:
918:
913:
908:
903:
898:
893:
888:
883:
878:
873:
868:
863:
858:
853:
848:
843:
838:
832:
830:
824:
823:
821:
820:
815:
810:
808:Family offices
805:
800:
795:
793:Merchant banks
790:
785:
780:
775:
770:
765:
760:
755:
749:
747:
743:
742:
739:
738:
736:
735:
730:
725:
724:
723:
718:
708:
703:
701:Management fee
698:
693:
688:
683:
673:
671:
667:
666:
664:
663:
658:
653:
648:
643:
638:
633:
628:
623:
618:
616:Angel investor
612:
610:
604:
603:
601:
600:
595:
590:
585:
580:
575:
569:
567:
558:
552:
551:
549:
548:
543:
538:
533:
528:
523:
517:
515:
509:
508:
506:
505:
500:
495:
490:
485:
480:
479:
478:
467:
465:
461:
460:
453:Private equity
449:
448:
441:
434:
426:
418:
417:
408:
399:
387:
375:
362:
353:
344:
335:
326:
317:
304:
303:
301:
298:
288:
285:
274:Defoe Redmount
231:48 Wall Street
222:
219:
209:
208:1970s to 1990s
206:
181:
178:
176:
173:
168:Defoe Redmount
121:
118:
115:
114:
103:Private Equity
94:
90:
89:
86:Defoe Redmount
82:
78:
77:
64:
60:
59:
57:private equity
46:
42:
41:
38:
34:
33:
22:Defoe Redmount
15:
9:
6:
4:
3:
2:
1062:
1051:
1048:
1046:
1043:
1041:
1038:
1036:
1033:
1031:
1028:
1026:
1023:
1021:
1018:
1017:
1015:
1000:
992:
990:
982:
980:
972:
970:
962:
960:
952:
950:
942:
940:
932:
931:
928:
922:
919:
917:
914:
912:
909:
907:
904:
902:
899:
897:
894:
892:
889:
887:
884:
882:
879:
877:
874:
872:
869:
867:
864:
862:
859:
857:
854:
852:
849:
847:
844:
842:
839:
837:
834:
833:
831:
825:
819:
816:
814:
811:
809:
806:
804:
801:
799:
796:
794:
791:
789:
786:
784:
781:
779:
776:
774:
773:Fund of funds
771:
769:
766:
764:
763:Pension funds
761:
759:
756:
754:
751:
750:
748:
744:
734:
731:
729:
726:
722:
719:
717:
714:
713:
712:
709:
707:
704:
702:
699:
697:
694:
692:
689:
687:
684:
682:
678:
675:
674:
672:
668:
662:
661:Venture round
659:
657:
654:
652:
649:
647:
644:
642:
639:
637:
634:
632:
629:
627:
624:
622:
619:
617:
614:
613:
611:
609:
605:
599:
596:
594:
591:
589:
586:
584:
581:
579:
576:
574:
571:
570:
568:
566:
562:
559:
553:
547:
544:
542:
539:
537:
534:
532:
529:
527:
524:
522:
521:Early history
519:
518:
516:
514:
510:
504:
501:
499:
496:
494:
491:
489:
486:
484:
481:
477:
474:
473:
472:
469:
468:
466:
462:
458:
454:
447:
442:
440:
435:
433:
428:
427:
424:
412:
403:
397:
391:
385:
379:
372:
366:
357:
348:
339:
330:
321:
315:
309:
305:
297:
295:
284:
280:
277:
275:
269:
265:
262:
259:
251:
246:
242:
238:
232:
227:
221:2000s to 2016
218:
215:
205:
202:
196:
194:
186:
172:
169:
164:
162:
158:
154:
150:
146:
142:
137:
135:
131:
127:
113:
110:
107:
104:
101:
98:
95:
91:
87:
83:
79:
65:
61:
58:
54:
50:
47:
43:
39:
35:
31:
26:
23:
921:Vintage year
846:Capital call
818:Crowdfunding
753:Corporations
656:Venture debt
411:
402:
390:
378:
365:
356:
347:
338:
329:
320:
308:
290:
281:
278:
270:
266:
263:
255:
239:
236:
211:
197:
193:gold bullion
190:
165:
138:
125:
123:
37:Company type
783:Foundations
706:Pledge fund
498:Secondaries
1014:Categories
871:Envy ratio
778:Endowments
641:Seed money
555:Terms and
300:References
161:toll roads
841:Cap table
746:Investors
670:Structure
488:Mezzanine
476:Leveraged
891:Leverage
827:Related
557:concepts
153:ABN AMRO
93:Products
45:Industry
901:M&A
608:Venture
513:History
483:Venture
233:in 2005
175:History
120:Summary
112:Bullion
71: (
63:Founded
866:EBITDA
565:Buyout
493:Growth
471:Buyout
681:funds
546:2020s
541:2010s
536:2000s
531:1990s
526:1980s
733:SPAC
679:and
636:SAFE
455:and
396:Read
384:Read
314:Read
157:HSBC
155:and
81:Fate
73:1824
66:1824
906:PME
886:IRR
881:IPO
836:AUM
1016::
55:,
51:,
445:e
438:t
431:v
75:)
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