RIT Capital Partners, a UK-listed investment company chaired by Lord Jacob Rothschild (pictured), and Rockefeller Financial Services, the $34bn family office founded in 1882 by the eponymous oil tycoon, have announced a strategic partnership. RIT will acquire the 37% equity interest previously held by France-based bank Société Générale Private Banking and will become a significant minority investor in Rockefeller Financial Services. News provider Financial Times said RIT paid less than $100m for the stake. In March, RIT announced a partnership with France-based Edmond de Rothschild Group (EdR) through which EdR became shareholders in RIT alongside Lord Rothschild’s family interests.
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RIT gushes with Rockefeller
May 31, 2012 • Global Corporate Venturing
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