Global Sage Ltd. and The Rose Partnership LLP have signed an agreement aimed at creating the world’s leading financial-services search firm. In a joint announcement, the two firms said they had signed a Letter of Intent that would bring together two of the world’s executive search businesses from two of the globe’s most dynamic financial capitals.

The agreement will see the two firms co-locating their teams in London and Hong Kong and identifies joint projects and new product offerings designed to better serve the companies’ missions and objectives in today’s fast changing world of talent management in financial services.

Philippa Rose, Founder of London-based The Rose Partnership, said “As the two leading executive search firms in financial services covering the Atlantic and Pacific, this is an ideal alliance which brings instant and tangible benefits for clients, partners and employees across the globe. We are determined to be able to offer a global service to clients while still maintaining our boutique culture inherent in which is a very strong relationship-driven approach within an increasingly transaction driven industry.”

“Our businesses complement each other with little over-lap; we share a culture of excellence and content-led executive search. We are both driven by deep analysis and the highest levels of integrity,” she said. “This is an alliance built on trust, confidence and the creation of value, and I’m thrilled to be working with Global Sage, whose reputation, especially in Asia-Pacific, is second to none,” she added.

“Our firms have a similar history, a common vision and the same core values. This is a tie-up that will transform our businesses and bring real value to our clients,” said John Wright, CEO and Founder of Global Sage. “This is an exciting opportunity that will strengthen and diversify both firms, giving us the chance to serve the best-of-the-best at the highest levels across the globe,” he added. “The Rose Partnership has enormous reserves of experience and expertise that is unrivalled in Europe.”

The Rose Partnership - a financial-services executive search firm in London focused on Investment Banking, Risk & Compliance, Wealth Management, Private Equity, Asset Management and Board Practice. The firm operates from its headquarters in “The City” and in Hong Kong.

Global Sage, founded in 1998, is a financial-services executive search firm. It has practices in Asset Management Alternative Fund Management, Private Equity, Commodities, Fixed Income, Equities, Private Banking, Operations & Technology, Compliance & Fraud Investigations, Procurement, Corporate Banking (Transactional Services) and Insurance. Global Sage operates in Tokyo, Seoul, Hong Kong, Singapore, Johannesburg, London and New York.

Last year, Global Sage formed an equity alliance with Bo Le Associates, the largest executive search firm in China and the Asia-Pacific region with more than 520 people and 25 wholly owned local offices. Bo Le Associates is a generalist executive search firm covering a wide range of industries and sectors serving major US, European and Asian multinationals and conglomerates.