navigation search for the equestrian see william fox pitt . fox pitt kelton cochran caronia waller type private industry investment banking founded 1971 founder oliver fox pitt robin kelton headquarters london england united kingdom new york new york united states products financial services number of employees 285 parent swiss re former j.c. flowers & co. former macquarie group current website www.fpk.com fox pitt kelton cochran caronia waller formerly fox pitt kelton or fpk is an investment bank focused on mergers and acquisitions advisory services private placements of debt and equity as well as equity research . fpk specializes in transactions involving financial institutions and financial services companies . the firm which has eight offices globally in london new york chicago hartford san francisco boston hong kong and tokyo has approximately 285 employees including 60 research analysts and 60 employees in sales and trading . history edit the firm was founded in 1971 by oliver fox pitt and robin kelton . after expanding to the u.s. in the 1980s fpk launched eldon a financial services focused investment manager in 1994 eldon was sold to hiscox in 2003 . swiss reinsurance co. acquired fpk in 1998 for 200 million . 1 under swiss re s ownership the firm expanded further globally entering asia . a consortium led by private equity firm j.c. flowers & co. and the bank s management led by giles fitzpatrick ceo purchased fox pitt from swiss reinsurance co. in february 2006 . lazard investment banker gary parr also investored in fox pitt . cochran caronia waller logo prior to its acquisition by fox pitt kelton under management and private equity ownership the firm acquired another investment boutique chicago based cochran caronia waller ccw in 2007 . ccw was founded in 1997 as cochran caronia & co by george cochran leonard caronia and john waller and was renamed cochran caronia waller in 2006 . 2 3 like fpk specialized in financial services focusing on the property casualty life and health sectors . among the notable transactions in which the firm was involved fpk and its co owner j. christopher flowers advised bank of america on its acquisition of merrill lynch in 2008 . in 2009 macquarie group australia s largest investment bank entered into serious discussions about a takeover of fox pitt kelton from its current ownership 4 and on september 30 2009 the two firms announced a purchase agreement valuing fox pitt kelton at 146.7 m. 5 macquarie s acquisition of fox pitt kelton was completed in november 2009 . references edit fox pitt bows to 200m swiss re offer . the independent december 22 1998 fox pitt cochran caronia join forces deal is first since j.c. flowers buyout . investment dealers digest may 28 2007 fox pitt kelton to merge with u.s. broker ccw . reuters may 24 2007 macquarie in takeover talks for fox pitt kelton wall street journal august 20 2009 macquarie to buy fox pitt kelton for 146.7 million bloomberg september 30 2009 fox pitt in flower . the deal september 19 2008 external links edit fox pitt kelton company website retrieved from https en.wikipedia.org w index.php title fox pitt kelton cochran caronia waller & oldid 696690155 categories investment banksbanks established in 1971financial services companies of the united statesfinancial services companies of the united kingdomprivate equity portfolio companiesenglish companies established in 19711971 establishments in england navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages add links this page was last modified on 24 december 2015 at 23 51 . text is available under the creative commons attribution sharealike license ; additional terms may apply . by using this site you agree to the terms of use and privacy policy . wikipedia is a registered trademark of the wikimedia foundation inc. a non profit organization . privacy policy about wikipedia disclaimers contact wikipedia developers cookie statement mobile view