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A former London-based banker at Greenhill & Co is launching an investment banking boutique for Internet and new media companies.

Alex Usher-Smith is teaming up with Ian Osborne, who formed the strategic advisory firm Osborne & Partners in 2009, to launch Mayfair-based Connaught, according to people familiar with the matter.

Greenhill banker launches new media advisory shop

Mayfair-based Connaught will provide investment banking services to Internet and new media companies at home and abroad

Nick Kostov

Greenhill

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Christian Stracke, global head of credit research, will run Emea from bond giant’s London office

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The Japanese investment firm is entwining its fortunes with a company that expects to lose billions of dollars for years to come, in the hope that it will emerge as the leader in AI.

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The BlackRock CEO says he wants individuals to have better access to the menu of private and illiquid investments that have long been core holdings of pensions, endowments and other institutions.

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The prospect of a radical escalation in the global trade war in the coming days has nearly doubled the probability of a recession in the U.S. economy in the next 12 months to around 35%, according to Goldman Sachs.

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Tariff uncertainty and a flagging tech trade dragged the S&P 500 and Nasdaq lower to start 2025.

U.S. Stocks Post Worst Quarter Since 2022 on Threat of Trade War

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