News round-up

ABN AMRO Craigs is getting a name change and will be re-branding to Craigs Investment Partners, effective from August 31 this year.

The name change comes after ABN AMRO Craigs re-purchased the 50% equity stake in the company previously held by The Royal Bank of Scotland Group (RBS).

The change in ownership required the removal of the ‘ABN AMRO' component of the corporate name and provided the company with the perfect time to re-brand the business and celebrate the new 100% employee-owned status.

Direct Capital fund well on track
Direct Capital has raised $201.5 million in capital from investors through its Direct Capital IV fund.