Family Office
Tally-Ho Ventures buys assets of Starobin Partners

U.S.-listed, Cyprus-based company makes "formal entry" into U.S. markets. Tally-Ho Ventures has agreed to acquire the assets of Starobin Partners, which maintains equity interests in "a wide range of" companies -- including Wellfleet Partners, a New York-based investment- and merchant-banking, venture-capital and financial-service and consulting firm. Premier will pay Starobin's selling shareholders 750,000 restricted shares of Tally-Ho's common stock.
Formal entry
Tally-Ho's over-the-counter stock was going for 90 cents a share on 31 August. Though listed in the U.S., Tally-Ho is based in Nicosia, CyprusIt provides investment-consulting services to affluent expatriates in Europe, the Middle East and Asia.
"Aside from enhancing our future balance sheet with equity interests in a number of exciting high-growth companies, this transaction helps to cement a key, strategic relationship with Wellfleet Partners, a widely respected corporate finance, consulting and advisory firm that has played a material role in our company's re-organization and development over the past year," says Nigel Gregg, chairman and CEO of Tally-Ho. "This transaction represents an important milestone for Premier, providing for our formal entry into the U.S.-based money-management and investment arena."
Tally-Ho is mainly buying Starobin's equity portfolio, which is made up of stock and warrants earned through Wellfleet Partners' corporate-finance activities. Wellfleet will also give Tally-Ho first right of purchase of additional securities generated in the future.
Celebrity tiddlywinks
Tally-Ho is doing business these days as Premier Wealth Management.
This time last year, Tally-Ho was talking about changing its name to ProMaster. That would have combined the names of two of its earlier acquisitions: Ticino, Switzerland-based ProTrust Private Clients and Aberdeen, U.K.-based Master Finance Europe.
Earlier in 2006, Tally-Ho said it planned to revert to its old name, Belgravia Intervest. It got the "Tally-Ho" moniker from a North Hollywood, Calif.-based comedy-television production company, creator of such gems as "Celebrity Tiddlywinks" and the "Philosophy of Fart Jokes."
Belgravia Intervest acquired Tally-Ho in 2004 to secure a U.S. stock listing. Confusingly, the production company, now a private corporation, is still in business as Tally-Ho Ventures.
Belgravia Intervest was formed in 2002 when Belgravia Group International merged with the Intervest Group -- the product of a 1995 merger between Lazard Holdings, a Bahamas company, and Riyadh, Saudi Arabia-based Arabian Brokers International.
Tally-Ho says it serves "22,000 mid- and high-net-worth investors in 50 countries" who represent "over $2.25 billion in assets under management." -FWR
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