Key Capital, the boutique set up by Conor Killeen, is backing the buy-out of an established financial services group just two years after Killeen quit his job as head of equities at Dresdner Kleinwort Wasserstein.

Killeen set up the corporate finance and capital markets advisory boutique shortly after he left DrKW in 2001, and it has joined forces with a management team to buy out NCB Group from Ulster Bank in Ireland.