Daniel Confino, who set up Close Brothers' international corporate finance network, has launched Mid-Capital, a rival network linking mergers and acquisition boutiques across Europe.

Mid-Capital's 10 members includes Noble & Company of London and Edinburgh, Ion Equity, which has offices in London and Dublin, Financiere de l'Orangerie in France, ConPAIR Corporate Finance in Germany, Italy's Caretti & Associati, Capitellum of Denmark, and SDM Corporate Finance, which covers the Benelux region. Other members have yet to be announced.