Eton Park Capital, a hedge fund manager founded by former Goldman Sachs partner Eric Mindich, and Deutsche Bank, are financing Paternoster, a company formed to acquire pension schemes from UK companies.

Eton Park, which has $5bn (4.1bn) of assets under management, will provide a substantial part of the £500m (€720m) given to Paternoster in return for equity.

William Hutchings

Deutsche Bank

Numis

Goldman Sachs

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Coutts hires ex-JPMorgan banker James Todd as next private client boss

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Todd replaces Camilla Stowell who left the NatWest-owned wealth in January

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