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Julian Brown

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Private equity venture eyes ‘$100m-$200m opportunities’

A BISX-listed firm yesterday said its newly-created venture capital subsidiary can exploit “over $100m to $200m in opportunities” provided by Bahamian companies that need reinvigorating.

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PM urged: ‘Get offensive’ to reclaim local economy

The prime minister has been urged by a local financial provider to “take the offensive and regain control of our domestic economy” by clearly differentiating it from the international sector.

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Bahamas must ‘embrace disruptive change’ culture

The Bahamas must “embrace disruptive change” and not permit a minority to derail economic reforms that benefit the rest of society, a BISX-listed company’s president argued yesterday.

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'Useless' BISX claim 'vehemently rejected'

A BISX-listed company has sprung to the stock exchange’s defence by “vehemently rejecting” charges it is “useless”, saying: “We are living proof that the system can work.”Julian Brown, Benchmark (Bahamas) president and chief executive, told Tribune B

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Legal threat to $5m benchmark pref equity

Liquidators for an alleged multi-million dollar ‘Ponzi’ fraud are threatening legal action to force a BISX-listed company to unwind, and return, a $5 million investment that accounts for 100 per cent of its preference share capital.

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Commission forces Benchmark into broker 'guarantee'

BISX-listed Benchmark (Bahamas) has been forced to “guarantee” its broker/dealer subsidiary will meet all financial obligations for “at least 12 months”, after regulators expressed concern over whether it was a ‘going concern’.

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'Major concern' over BISX listed firm's $5m prefs

The $5 million investment in a BISX-listed firm’s preference shares “is of considerable concern” to the liquidators of its largest client, who have warned that the deal will receive their “continued attention”.

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BISX-listed firm's CEO faces 'grilling' over alleged fraud

The chief executive of a BISX-listed company faces a grilling from liquidators investigating an alleged multinational fraud, who are seeking information on a series of multi-million dollar transactions involving his company.

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