Cazenove's new shareholders include the feuding Cayzers

The feuding Cayzer family trust is among the new shareholders in Cazenove created when the blue-blooded City stockbroker dissolved its partnership and became an incorporated company in April. Eric Gleacher, the investment banker and veteran deal-maker, and Sir John Craven, one of London's best-known corporate financiers, have also landed on the share register.

Documents filed at Companies House show that Caledonia Financial, a subsidiary of the Cayzer-controlled Caledonia Investments, holds a 0.64 per cent stake in Cazenove. Infighting over a challenge, led by Sir James Cayzer, to restructure Caledonia became public earlier this month. Among the other new Cazenove shareholders is Gleacher & Craven Investors. Mr Gleacher made his name at Morgan Stanley Dean Witter, the US investment bank, before setting up Gleacher & Co, an investment banking boutique. Sir John, the former chairman of Morgan Grenfell, is a director of Deutsche Bank. They have a 0.46 per cent stake, as does the Fleming banking dynasty, which sold the Robert Fleming investment bank to Chase Manhattan last year.

The largest institutional investors are Prudential and Standard Life, which each own 0.92 per cent. The usual suspects litter the rest of the register, including Royal and SunAlliance, Friends Provident, Foreign and Colonial, Scottish Equitable, Axa Sun Life, CGNU, 3i, and Royal Bank of Scotland's Direct Line Insurance.

The share sale placed 10 per cent of Cazenove's equity in the hands of outside investors and raised £100m. The company's employees own the rest of the business, with about 80 per cent controlled by former partners. Cazenove has indicated that it plans to float within two years, with an expected market capitalisation of £1.1bnzk, the valuation implied by the 500p price of the shares just sold.