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Aquiline Capital Partners acquires 5.1% stake in BinckBank

Aquiline Capital Partners has acquired a 5.1% stake in BinckBank, an online bank for investors based in the Netherlands.

The investment is made through a wholly owned subsidiary of the Aquiline Financial Services Fund and its affiliates.

Geoffrey Kalish, founder and senior principal of Aquiline Capital Partners, said: The recent acquisition of Alex Beleggersbank, the former online brokerage subsidiary of Rabobank, has transformed BinckBank into the market leader for online banking for investors in the Netherlands, ranking it among the most profitable in all of Europe.

We look forward to supporting the company’s further expansion and creation of additional value for shareholders.