Latest news with #EliteCapital&Co.Limited
Yahoo
a day ago
- Business
- Yahoo
Elite Capital & Co. Limited Moves to 1 Cornhill After 12 Years at 33 St. James Square Amid Financial Sector Expansion
LONDON, June 13, 2025 (GLOBE NEWSWIRE) -- Mr. George Matharu, President and CEO of Elite Capital & Co. Limited, announced today that Elite Capital & Co. has relocated its headquarters from 33 St. James Square to the iconic 1 Cornhill, a landmark building in London's financial district.'This move marks a pivotal moment in our growth. The expansion of our operations in the financial sector, coupled with the integration of NextGen Industrial Development Fund's team into Elite Capital & Co. Limited, demanded exceptional scalability. 1 Cornhill provides the ideal environment to accommodate our ambitious vision and reinforce our leadership in global finance,' Mr. George Matharu Capital & Co. Limited is a Financial Management company that provides project-related services, including Management, Consultancy, and Funding, particularly for large infrastructure and mega commercial Capital & Co. Limited offers a wealth of experience in Banking and Financial transactions and has a range of specialized advisory services for private clients, medium and large corporations as well as governments. It is also the exclusive manager of the Government Future Financing 2030 Program® and NextGen Industrial Development Fund™.Dr. Faisal Khazaal, Chairman of Elite Capital & Co., added, 'Leaving 33 St. James Square is bittersweet, it's where we built a legacy, sealing landmark deals that shaped our identity. Yet, 1 Cornhill represents a bold new chapter, mirroring Elite Capital's stature not just in London, but as a global force in finance.'NextGen Industrial Development Fund redefines industrial financing by replacing debt with equity partnerships, empowering entrepreneurs to build factories without the burden of collateral or loan repayments. Targeting first-time industrialists and global firms expanding into MENA, NextGen provides end-to-end support, from land acquisition and infrastructure construction to cross-border financial solutions, ensuring projects thrive from day a fund managed by Elite Capital & Co. Limited, NextGen's innovative model aligns perfectly with Elite Capital's vision for scalable, risk-shared growth. Together, they bridge the gap between visionary ideas and tangible industrial success, transforming the financial landscape for large-scale projects George Matharu concluded his statement by saying: 'Our new home is more than an address; it's a testament to our clients, partners, and team who drive our success. We invite you to visit us at 1 Cornhill as we write the next era of excellence.' Contact Details – Elite Capital & Co. Limited1 Cornhill, City of LondonEngland, EC3V 3ND Telephone: +44 (0) 203 709 5060SWIFT Code: ELCTGB21LEI Code: 254900NNN237BBHG7S26 Website: A photo accompanying this announcement is available at
Yahoo
27-05-2025
- Business
- Yahoo
Elite Capital & Co. Appointed as Exclusive Manager of NextGen Industrial Development Fund in Landmark 10-Year Tenure
LONDON, May 27, 2025 (GLOBE NEWSWIRE) -- Mr. George Matharu, President and CEO of Elite Capital & Co. Limited, announced today that Elite Capital & Co. has been appointed as the exclusive manager of the NextGen Industrial Development Fund® for the next decade, effective 1st May 2025. This strategic transition follows a rigorous evaluation by the Fund's Board of Trustees, underscoring Elite Capital's proven expertise in large-scale industrial financing and sustainable development.'This partnership marks a pivotal shift in how industrial growth is catalysed across the MENA region and beyond. By merging NextGen's innovative equity-based model with our global financial acumen, we are redefining risk-sharing and entrepreneurial empowerment. Our ISO triple-certified governance (ISO 9001, 27001, and 37001) ensures transparency, security, and anti-bribery compliance, critical for fostering trust in high-stakes industrial projects,' Mr. George Matharu said. A paradigm shift in industrial financing, the NextGen Fund's unique 'equity-not-debt' approach eliminates traditional barriers like collateral requirements and predatory loans, which historically contribute to a 72% failure rate among industrial startups in emerging markets (World Bank, 2023). Under Elite Capital's stewardship, the Fund will scale its mission to: 1. Build factories via shared-equity partnerships, covering land, infrastructure, and licensing.2. Leverage MENA's logistical edge, reducing supply chain costs by 30% compared to Asia-Europe routes (McKinsey, 2024).3. Fast-track bureaucratic processes, cutting 18-month licensing delays through government alliances (IMF data). Dr. Faisal Khazaal, Chairman of Elite Capital & Co. Limited and Head of the Government Future Financing 2030 Program®, added, 'This aligns with our vision of 'finance without sovereignty burdens.' Just as the Government Future Financing 2030 Program funds 80% of national projects without sovereign debt, NextGen's model allows entrepreneurs to thrive without personal guarantees. Our partnership with MENA governments ensures factories are co-owned by local stakeholders, blending public oversight with private innovation.' Decade of transformation, Elite Capital's tenure will focus on: - Risk-sharing: Partners retain 100% of early profits; losses are mutual.- Cross-border solutions: NextGen's trusted partner USD/EUR accounts mitigate forex risks for international sales.- Sustainability: Factories engineered for ESG compliance, from energy grids to R&D hubs. Mr. George Matharu concluded his statement by saying: 'To every entrepreneur who has been told "your sector isn't bankable", NextGen is proof otherwise. We don't just fund factories; we build legacies. The industrial revolution of the 21st century begins here.' NextGen Industrial Development Fund – Contact Details – Suite RA01, 64 Nile StreetLondon, N1 7SRUnited Kingdom Website: Elite Capital & Co. – Contact Details – Elite Capital & Co. Limited33 St. James SquareLondon, SW1Y4JSUnited Kingdom Telephone: +44 (0) 203 709 5060SWIFT Code: ELCTGB21LEI Code: 254900NNN237BBHG7S26 Website: A photo accompanying this announcement is available at
