Forsyth Barr secures alliance with Barrenjoey

Forsyth Barr has announced a "strategic alliance" with Australian financial services firm Barrenjoey Capital Partners.

In a statement, the firm said the alliance would provide reciprocal access to institutional equities research and execution, corporate advisory and capital markets services in Australia and New Zealand.

The deal did not involve any change in shareholdings, structure or management in either firm.

Forsyth Barr managing director Neil Paviour-Smith said the senior teams of both firms had built strong working relationships and the two companies were excited to be formalising those relationships.

The firms had recently worked together on transactions, including as joint lead managers on the IPO of infrastructure maintenance provider Ventia Services.

Barrenjoey is majority staff owned and has global reach through a strategic partnership with Barclays.

Our journalists are your neighbours

We are the South's eyes and ears in crucial council meetings, at court hearings, on the sidelines of sporting events and on the frontline of breaking news.

As our region faces uncharted waters in the wake of a global pandemic, Otago Daily Times continues to bring you local stories that matter.

We employ local journalists and photographers to tell your stories, as other outlets cut local coverage in favour of stories told out of Auckland, Wellington and Christchurch.

You can help us continue to bring you local news you can trust by becoming a supporter.

Become a Supporter