Edinburgh’s Bachmann & Welser raises $1.25bn

Edinburgh-based Bachmann & Welser Capital Limited, a provider of trade finance and project finance, announced the completion of an $750 million equity capital raise and additional commitments of $500 million from Middle-Eastern investors.

“Our newly established operations in Scotland will employ this additional funding to drive forward our global ambitions … ” said Bachmann & Welser CEO Edward Bachmann in a press release issued by the firm.

“We welcome this timely capital infusion by our investors.

“It is a demonstration of the confidence we enjoy from our financial partners …

“Basel III capital requirement regulations has made it more difficult for mainstream banks to deploy capital in Trade Finance however Bachman & Welser can see a large market opportunity, especially with commodity prices and trade flow continuing their recovery and emerging market demand exceeding Trade Finance supply by some margin.”