Tigress Financial Partners, a women-owned institutional FINRA registered broker-dealer, entered into a strategic partnership with BCS Prime Brokerage in the UK, part of BCS Global Markets, to jointly market capital markets, investment banking, credit facilities, research, asset management and global wealth management services to institutional and high net worth clients in U.S. and global markets.
As part of the transaction, BCS UK invested directly in Tigress Financial Partners in addition to injecting substantial regulatory capital into the broker dealer.
As a women-owned broker dealer, Tigress Financial Partners brings diversity to the BCS Group Companies, along with the ability to expand domestic U.S. capital markets and investment banking relationships. The strength of BCS in international origination, international trade execution and a multi-country distribution network enhances Tigress Financial Partners’ access to global markets, squarely positioning Tigress Financial Partners with the most expansive international distribution platform among minority and woman-owned broker dealers, consisting of more than 300,000 clients in London, Moscow, Cyprus and around the world.
“It is our distinct privilege to be associated with BCS,” said Cynthia DiBartolo, chairperson and CEO of Tigress. “The ability to leverage a stronger regulatory capital position combined with the unique transactional access we bring as a women-owned firm, together with international breadth and depth of BCS will benefit both firms immensely.”
“BCS is looking forward to aligning with Tigress Financial Partners,” said Gary Esayian, CEO of BCS Americas, who will assume a seat on the Tigress board of directors. “We value diversity and, by working closely with Tigress Financial Partners, will accelerate our U.S. capital markets agenda and allow our international professionals access to Tigress Financial Partners, proprietary high-quality institutional research, along with streamlined access to the Tigress Asset Management and the robust Tigress Offshore Platforms.”
