A pair of corporate brokers who left Credit Suisse First Boston (CSFB) for Schroder Salomon Smith Barney (SSSB) have found themselves facing their former colleagues for the first time on a £168m (€262m) buy-out.

Ed Matthews and Simon Alexander, who moved to SSSB in April, are representing Dundonald, a company set up specifically for the management buy-out of property investment firm Grantchester Holdings. Their former colleagues at CSFB are working for the independent directors of Grantchester.