Introducing Teneo Holdings

http://www.bbc.co.uk/news/uk-northern-ireland-13974891

Declan Kelly, who recently resigned as US special economic envoy to Northern Ireland, is to join forces with Bill Clinton and Tony Blair.

The former US president and British prime minister are joining a newly formed company called Teneo.

Mr Kelly set up the company with Douglas Band, a long time adviser to Mr Clinton and Paul Keary.

The company will comprise of a merchant bank, a private equity vehicle and an international consulting business.

Mr Kelly and Mr Band will serve as chief executive officers. Mr Clinton and Mr Blair will both serve as advisers.

Mr Keary worked alongside Mr Kelly at FTI, a global business consultancy

There are plans to open offices in Dublin, New York, Washington DC and London.

Mr Kelly, 42, stepped down from his role as envoy in May, a post he had held since September 2009 when he was appointed by US Secretary of State Hillary Clinton.

Born in Portroe, County Tipperary, he advised Mrs Clinton during her campaign for the presidency.

He is a former vice-president of FTI, a global business consultancy.

Mr Kelly was not the first person to assume the role of special envoy.

The post was initially created by Bill Clinton with the appointment of Senator George Mitchell in 1995.

Following Senator Mitchell’s departure to the role as talks chairman, a purely economic role was filled by another Clinton supporter – Denver lawyer Jim Lyons.

The post did not exist during George W Bush’s years in the White House but was resumed with Declan Kelly’s appointment in 2009.

http://www.irishcentral.com/news/Former-US–economic-envoy-Declan–Kelly-launches-merchant-bank-and-private-equity-and-consulting-company-124727424.html

The merchant bank will also include a private equity business designed to complement the extensive global consulting experience that exists inside the company. There are also plans to add a separate wealth management component to the business in due course.

The business will have three founding partners. Kelly and Band, who are known to be close friends who have known each other for almost two decades, will serve as CO-CEO’s of the company.

Kelly’s long time colleague and friend from FTI Consulting and Financial Dynamics, Paul Keary is the third founding partner and he will serve as COO of the business, reflecting many years of experience honed in helping to build both franchises in the US and around the world. Keary has been working with a number of governments on federal debt issues recently and is expected to be active in the Irish market in this area for the business going forward.

Several senior bankers are understood to have joined the merchant banking business, including Harry Van Dyke, who spent two decades with Morgan Stanley and Bank of America in a variety of senior management roles. He was previously head of Morgan Stanley’s banking business in both Asia and Latin America. It’s understood Van Dyke will be the CEO of the merchant banking division at Teneo.

Others associated with the firm include individuals who have worked for Goldman Sachs, Bank of America, Nike, Mayor Michael Bloomberg and President George W. Bush.

President Clinton will serve as an advisor to Teneo and serve on the company’s Advisory Board. Former British Prime Minister, Tony Blair, will also serve on the board in a unique and powerful combination of skills and experience that the group believes will leave them uniquely positioned in the international business community. It is believed that this will be the first time that Clinton and Blair will have worked together in a business capacity.

Industry insiders believe that the unique offering of merchant banking and consulting, together with the assembled team’s vast experience, could lead Teneo to quickly become one of the world’s leading advisory businesses.

The individuals behind Teneo have extensive experience in building globally impactful businesses quickly. Kelly, who served as an advisor to Hillary Clinton when she ran for President, led the buy-out of Financial Dynamics in 2003 and in 2006 sold it to FTI Consulting for $340m, still the largest price ever paid for a communications consulting company.

http://www.rockefellerfoundation.org/grants/grants-and-grantees/53379bca-e8e8-4252-b4cf-8f0e42c37606

Teneo Strategy Consulting, LLC

Location: New York
Initiative: Centennial Fund
Geographic Focus: Global
TERM of the Grant: 6/1/2011 – 12/31/2011
Amount: $3,447,150

in support of a project, in connection with the Rockefeller Foundation’s centennial in 2013, to build capacity, create new coalitions, strengthen existing networks, and advance public policy by convening gatherings and providing multimedia tools and resources for identifying challenges and proposing tangible solutions to global problems.

http://teneoholdings.com/content

Teneo is a trusted advisor and global partner to Fortune 500 companies, high net worth individuals, governments, philanthropic organizations, institutions and the individuals who lead them.

The company combines the expertise of its complementary Merchant Banking and Strategy Consulting platforms with an unparalleled global network of trusted financial, corporate and political relationships to provide integrated advisory services, enabling clients to manage and organize their businesses, drive growth, build reputations, and protect brand value.

Teneo focuses on partnering with clients for the long-term, which means providing counsel on day-to-day business challenges, during major events and company milestones, as well as working with senior management to shape their visions for the future. Our unique approach provides clients not only with powerful solutions, but also the support to execute and implement them. Our professionals have extensive experience across a diverse range of industries, situations and geographies, and have provided counsel on over $1 trillion in transactions over the course of their careers.

———–

thanks to nikki6278 for the research and links here..

this is big..i hadnt heard of this new compnay but i suggest we all find out a bit more if we can..lets get on it people..tell me what you can find out..bill and tony..sitting in a tree..rockefeller to back it..it has all the hallmarks of an elitist super corporation..

401

~ by seeker401 on July 6, 2011.

7 Responses to “Introducing Teneo Holdings”

  1. […] covered them here in june: https://seeker401.wordpress.com/2011/07/06/introducing-teneo-holdings/ […]

  2. http://www.humanevents.com/article.php?id=47938

    Claim: Clinton Collected $50K Per Month From MF Global
    Former president’s new firm Teneo Strategy was hired to boost Corzine.
    by Neil W. McCabe
    12/05/2011
    272
    Comments
    William J. Clinton (left) and Jon S. Corzine

    A former MF Global employee accused former president William J. Clinton of collecting $50,000 per month through his Teneo advisory firm in the months before the brokerage careened towards its Halloween filing for Chapter 11 bankruptcy.

    Teneo was hired by MF Global’s former CEO Jon S. Corzine to improve his image and to enhance his connections with Clinton’s political family, said the employee, who asked that his name be withheld because he feared retribution.

    “They were supposed to be helping Corzine improve his image as a CEO—I guess you can tell how that went,” he said. Corzine resigned as CEO and chairman November 4.

    Before Corzine joined MF Global in May 2010, the firm was a smart and well-run commodities broker, a culture that was turned upside-down by his leadership style, he said.

    “The traders would be shaking their heads,” he said. “They would come back to their desk and say, ‘Well, I thought we were going to do this—but Corzine would come by and do something else all by himself,’” he said.

    The Teneo contract with MF Global lasted at least five months, he said. “The board cancelled it after Corzine resigned.”

    The source, who is no longer associated with MF Global, said Teneo is a dual-track company with one side devoted to merchant and investment banking and the other side set up to provide image and strategy consulting services.

    Clinton is the chairman of the company’s advisory board. His duties and compensation have not been released. The other member of the board is former British prime minister Tony Blair​.

    Two of the three founding partners are very close to the former president and his wife, Secretary of State Hillary R. Clinton. They are Douglas J. Band, who is the former president’s counselor and has served on his personal staff since 1995 and Declan Kelly, who earned the “Hillraiser” status in the secretary’s 2008 run for president for bundling more than $100,000 for the campaign.

    Another prominent member of the Clinton political family is Tom Shea​. Shea is a senior vice president for Teneo Strategy and served as Corzine’s chief of staff, when Corzine was the governor of New Jersey.

    Kelly sold his public relations firm Financial Dynamics in 2006 to FTI for $340 million, and stayed with that company until July 2009, when he joined the State Department as the Economic Envoy to Northern Ireland.

    The source said, “Kelly was given a job they created out our whole cloth.” The job did not exist previously.

    “He basically got to ride around developing a book of business, while he waited for his non-compete clause to run out,” he said.

    Kelley and the former president traveled together networking and making introductions at international conferences and events, he said.

    The Secretary of State also traveled with Kelly, including the October 2010 U.S. – Northern Ireland Economics Conference, which Kelly organized and at which the secretary was the featured speaker.

    The secretary announced that she accepted Kelly’s resignation May 11.

    Teneo landed its first major client June 1, when the Rockefeller Foundation gave Teneo a $3,447,150, six-month contract to help plan the foundation’s 2013 centennial.

    The foundation is another member of the Clinton’s extended family. It gave Clinton its Lifetime Innovation Achievement Award July 27 and the foundation is listed as a between $1 to $5 million contributor to the William J. Clinton Foundation, along with several members of the Rockefeller family who are listed as individual contributors.

    [In the preparation of this story, several emails and phone calls were placed to Teneo, MF Global and the State Department for comment. In each case, there was no response.]

    Neil W. McCabe is the editor of Guns & Patriots. McCabe, was a reporter and photographer at The Pilot, Boston’s Catholic newspaper for several years. An Army reservist, he served 14 months in Iraq as a combat historian. Follow him on Twitter

  3. Former US economic envoy Declan Kelly launches merchant bank and private equity and consulting company
    Bill Clinton and Tony Blair to join board of new company Teneo
    By
    JAMES O’SHEA,
    IrishCentral.com Staff Writer

    Published Wednesday, June 29, 2011, 3:20 PM
    Updated Thursday, June 30, 2011, 10:05 AM

    Bookmark and Share

    Former United States Government’s Economic Envoy to Northern Ireland Declan Kelly
    Former United States Government’s Economic Envoy to Northern Ireland Declan Kelly

    Declan Kelly, who recently stepped down as the United States Government’s Economic Envoy to Northern Ireland, is re-entering the private sector with a new business in partnership with Douglas Band, the long time top advisor to President Bill Clinton, Irish Central has learned.

    The company, called Teneo, will comprise a merchant bank, a private equity vehicle and an international consulting business, with offices initially in New York, London, Washington DC and Toronto.

    It is also expected that the company will have a presence in Dublin in the near future.

    The merchant bank will also include a private equity business designed to complement the extensive global consulting experience that exists inside the company. There are also plans to add a separate wealth management component to the business in due course.

    The business will have three founding partners. Kelly and Band, who are known to be close friends who have known each other for almost two decades, will serve as CO-CEO’s of the company.

    Kelly’s long time colleague and friend from FTI Consulting and Financial Dynamics, Paul Keary is the third founding partner and he will serve as COO of the business, reflecting many years of experience honed in helping to build both franchises in the US and around the world. Keary has been working with a number of governments on federal debt issues recently and is expected to be active in the Irish market in this area for the business going forward.

    Several senior bankers are understood to have joined the merchant banking business, including Harry Van Dyke, who spent two decades with Morgan Stanley and Bank of America in a variety of senior management roles. He was previously head of Morgan Stanley’s banking business in both Asia and Latin America. It’s understood Van Dyke will be the CEO of the merchant banking division at Teneo.

    Others associated with the firm include individuals who have worked for Goldman Sachs, Bank of America, Nike, Mayor Michael Bloomberg and President George W. Bush.

    President Clinton will serve as an advisor to Teneo and serve on the company’s Advisory Board. Former British Prime Minister, Tony Blair, will also serve on the board in a unique and powerful combination of skills and experience that the group believes will leave them uniquely positioned in the international business community. It is believed that this will be the first time that Clinton and Blair will have worked together in a business capacity.

    Industry insiders believe that the unique offering of merchant banking and consulting, together with the assembled team’s vast experience, could lead Teneo to quickly become one of the world’s leading advisory businesses.

    The individuals behind Teneo have extensive experience in building globally impactful businesses quickly. Kelly, who served as an advisor to Hillary Clinton when she ran for President, led the buy-out of Financial Dynamics in 2003 and in 2006 sold it to FTI Consulting for $340m, still the largest price ever paid for a communications consulting company.

    He later served as a senior executive at FTI which at the time had 3500 people in 28 locations around the world and a market capitalization of $3 billion. He was speculated to be in line for the CEO’s job when he left in September of 2009 to serve as Secretary of State Clinton’s economic envoy to Northern Ireland. He stepped down in May after serving the United States for nearly two years and is acknowledged as having helped create thousands of jobs in Northern Ireland during his time in public service. He organized the widely acclaimed US-Northern Ireland international business conference in Washington for Secretary Clinton in October of last year and created the Northern Ireland Mentorship Program for young people from Northern ireland to come and work in leading US businesses for one year. That program is still continuing under Kelly’s leadership. He is recognized as one of the top communications experts in the world, having advised multiple CEO’s and Chairmen of many of the world’s leading companies over the past decade. Several successive Taoisigh in Ireland have acknowledged reaching out to him for advice over the years. He is an adjunct professor in business studies at his alma mater, National University of Ireland, Galway.

    The Honorable Douglas J. Band currently serves as Counselor to President William J. Clinton. He began his career working in the White House in 1995 and has been with President Clinton for 16 years. He has served as President Clinton’s chief advisor since 2002, counseling him, serving as the key architect of Clinton’s post-Presidency, and overseeing the 1,400 employees and volunteers of the William J. Clinton Foundation. Band will remain in his role serving President Clinton as his most senior advisor and expanding the incredible work of the Clinton Foundation and the Clinton Global Initiative.

    Prior to his role as Counselor to President Clinton, Band served in the White House Counsel’s office for four years, becoming a Special Assistant to the President before he was made one of the youngest Deputy Assistants ever to serve a President.

    He is a graduate of the University of Florida and while working at the White House for 6 years, he simultaneously obtained a masters degree from Georgetown University in Liberal Arts and a Law degree from Georgetown University Law School by attending both programs in the evenings.

    As Counselor to President Clinton, Band has traveled to nearly 100 countries, over 2,000 cities. He created and built the Clinton Global Initiative that to date has raised over 63 billion dollars for nearly 2,000 philanthropic initiatives around the world which in total has impacted over 300 million people in 180 countries.

    He continues to serve his country in assisting various domestic agencies and advising foreign governments on nation building, infrastructure creation and democratic governance structure. He serves as President Clinton’s representative to the White House and other governments, organizations and businesses around the world. Additionally, Band has advised several heads of state on their transitions out of office. He orchestrated the release of two American journalists captured in North Korea in the summer of 2009 and has assisted in the rebuilding of nations after some of the worst natural disasters in the past decade including southeast Asia, Haiti, New Orleans and Gujarat, India.

    He serves on the Coca-Cola Company International Advisory Board, on the Advisory Board of Avenue Capital and as a member of the faculty of New York University as an adjunct professor.

    President Clinton said of Band: “I wouldn’t be able to get through the day without Doug, and I couldn’t have accomplished half of what I have in my post presidency without him.”

    Paul Keary served as a senior executive in Financial Dynamics and FTI before establishing a consulting business in New York. He has advised several of the largest companies in the world in industries like finance, energy and technology and has quietly earned a reputation as one of the most effective CEO counselors on issues of reputation and business strategy.

    Teneo, a name derived from the Latin word for “to guide”, is expected to commence business in the coming days with its headquarters located in midtown Manhattan.

    Read more: http://www.irishcentral.com/news/Former-US–economic-envoy-Declan–Kelly-launches-merchant-bank-and-private-equity-and-consulting-company-124727424.html#ixzz1fmMD0yxL

  4. How a Clinton insider used his ties to build a consulting giant

    http://www.politico.com/story/2016/04/teneo-final-221807

  5. ..not as big & mysterious as SERC0

  6. […] https://seeker401.wordpress.com/2011/07/06/introducing-teneo-holdings/ […]

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