Van Lanschot Kempen’s platform for trading in unlisted companies and employee ownership services will strike out on its own under the name of Captin from 1 October 2017. The move offers Captin room to develop and fits with Van Lanschot Kempen’s strategy to focus on its core activities.
Captin offers a platform to trade in unlisted companies seeking to give investors an opportunity to take a stake in their equity. In addition to its trading platform, Captin provides tailored solutions in employee ownership.
Van Lanschot Kempen will remain involved with Captin by providing trading facilities and accounts for Captin clients.
Richard Bruens, Member of the Van Lanschot Kempen Executive Board and Managing Director of Van Lanschot Private Banking, said: “We wish Captin every success as a stand-alone company. I’m confident that it will truly come into its own when able to set its own course in the highly specialist niche market in which it operates.”
Joost Roosen, Managing Director of Captin, comments: “This step should help us provide an even better service to our clients. Having grown into a fully fledged trading platform as part of Van Lanschot Kempen, we’re ready for the next stage and should now have more focus, greater agility and flexibility as a stand-alone company. Building on our many years of experience, we’ll be able to expand our specialist service offering to clients and will increasingly look to introduce smart fintech solutions.”
Only Dutch player with MTF licence
Captin is the Netherlands’ only trading platform licensed to operate as a multilateral trading facility (MTF), offering clients the opportunity to invest in unlisted companies and funds. Companies can use the platform to gain access to potential investors without first needing a listing on a regulated market. Captin provides liquidity through its trading platform and carries out the operational management of quotations.
Euronext and crowdfunding
The Captin platform claims a market position between Euronext’s trading possibilities and crowdfunding issues. A key advantage over crowdfunding is that investments are and will continue to be tradable.
Continuity of service to clients is guaranteed by the transfer to Captin of the platform’s 12-strong team, headed up by Managing Directors Joost Roosen and Bart van den Berk.