Release

Peter Bacchus, former Global Head of Mining and Metals Investment Banking at Morgan Stanley, has reunited with a number of senior former colleagues and clients, to form Bacchus Capital Advisers. The new firm will be an independent merchant banking platform specialising in public market M&A. Bacchus will be joined by Paul Cahill, former Group Head of Business Development at Anglo American, Chris Johannsen, a founder of Australian boutique advisory firm Gryphon Partners (subsequently acquired by Standard Chartered), and former Morgan Stanley banker, Richard Allan as co-founders and partners.

The team will also include former RBC Head of European Investment Banking, Patrick Meier and John Munro, previously Chief Executive of Rand Uranium. Bacchus, a 25-year investment banking veteran with a career spanning the UK, US, Australia and Asia, is best known for his work in the natural resources sector, in particular leading the high profile bid defence at global mining icon Rio Tinto following the hostile approach from BHP Billiton, the largest ever public offer in the global resources sector, and WMC Resources, in its defence against Xstrata. Bacchus Capital Advisers will initially comprise a twelve person professional team, headquartered in Central London, and with representation in Asia, the United States and Australia.