For an investment bank with just 29 employees, boutique Hannam & Partners has been expanding in the past few months.
Another two directors have just joined in London. Brent Nabbs, who was a director in Deutsche Bank’s corporate broking arm, has also joined Hannam as a director. Nabbs left Deutsche Bank in January, regulatory filings show, after more than five years at the German bank. Before joining Deutsche Bank, Nabbs spent four years as an associate director at Numis Securities, focused on advice for AIM listed companies.
Alex Holbourn, who has spent the past two years working at investment manager GFG as a fund manager and analyst, joined Hannam & Partners in October. Before this he spent nearly seven years at Bank of America Merrill Lynch, initially in sales focused on oil & gas and later as a research analyst focused on the sector.
Hannam has now hired three directors in the past month. Joachim Godet, a former director at HSBC who has spent the past two years in Saudi Arabia as head of structuring at Saudi Aremco, joined as a senior advisor in M&A and capital markets in October.
Hannam & Partners is an investment banking boutique started by Ian ‘king of mining’ Hannam after he quit his job at J.P. Morgan in 2012 to tackle charges of insider dealing. He settled with the FCA by paying a £450k fine in 2014. He bought Strand Partners in 2012, and rebranded it later as Hannam & Partners. It focuses on natural resources deals.
The latest accounts for Hannam & Partners filed on Companies House for 2016 suggest that it paid an average of £104.1k to its 29 employees. Headcount had shrunk from 35 people a year earlier, despite an increase in profits from £570k in 2015 to £2.4m in 2016.
Contact: pclarke@efinancialcareers.com
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