London based NEX Exchange has received a majority investment from a consortium led by Oliver Hemsley, a founder and former CEO of Numis Securities.
The exchange faces competition from rival Alternative Investment Market (AIM), a sub-market of the London Stock Exchange (LSE) geared towards smaller companies. With the investment, Hemsley sees an opportunity to create a platform for small or mid-sized companies, who don’t necessarily want to go to AIM, to access capital.
“We are never going to be
Blackstone's CTO talks about the firm's cloud strategy and looks at some of the lessons learned as they've migrated systems to the cloud.Subscribe to Weekly Wrap emails