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investment dealers
Latest Headlines
Latest Headlines
Economy hitting portfolio companies of big private equity firms
As if private equity firms didn't have enough problems. Investment Dealers' Digest suggests that the rocky economy may be a problem for restaurant-chains, home furnishing companies and others whose fortunes are tied to the consumer economy. Linens Holding Co., owned by Apollo Global Manage
Merrill Lynch bulks up in Brazil
Emerging markets have been bright spots for a lot of banks lately, one reason why Merrill Lynch is making a move into the field. The company's recent recruitment of nine investment bankers in Brazil is a good indicator of its ambitions in the region, notes Investment Dealers' Digest . Bra
Small deal market still thriving
The plunge in financial sponsor activity fortunately has not proven contagious for really small deal makers. While big and mid-market deals continue to fall, those worth less than $100 million continue to rise, notes Investment Dealers' Digest. These deals tend to be easier to close, as they
Trend: More roll-ups of advisory firms?
Registered investment advisers have a pretty compelling pitch when it comes to graying clients. They aren't commission-based guys. They're thinking less about trades and more about your portfolio in its entirety. Of course, some of them take something like 200 basis points, which some would find
Nasdaq out for more SPAC business
Blank check companies are all the rage. Investment Dealers' Digest notes that the likes of Bruce Wasserstein, Joseph Perella, Thomas Hicks, Nelson Peltz and Ronald Perelman all have formed blank check companies. And the list is likely to grow. SPACs accounted for 25 percent of IPOs in 200
Can Egan-Jones make a difference?
The Securities and Exchange Commission has granted Haverford, PA-based Egan-Jones, status as a nationally recognized statistical rating organization (NRSRO). This basically means that it now is a credit rating agency on par with Moody's and Standard & Poor's. The firm comes to the table with
Who won and who lost in 2007?
At Goldman Sachs in 2007, employees on average made $661,490, including salary and bonus--a 6.4 percent increase from $621,793 in 2006--notes Investment Dealers' Digest . Bear Stearns employees on the other hand averaged $241,998 last year, a 24 percent decline, while Merrill Lynch
More investors investigate hedge fund managers
The hedge fund industry isn't the most transparent, leaving institutions in a bit of a pickle when it comes to due diligence. More people seem to be taking an aggressive approach, actually hiring investigators to take a close look. First Advantage Investigative Services has looked into more t
Still room for small hedge funds
Launching a hedge fund in many ways is harder and easier than ever. The competition for funds is intense, and not everyone can get in the game. At the same time, there are host of near turnkey service providers that allow funds to get up and running quickly. As of the end of September 2007, 8
130/30 funds aim for institutions
We've noted that 130/30 funds seem to be all the rage right now. The industry seems to be betting big that these funds will continue to win over investors, especially big pensions. Investment Dealers' Digest notes the current size of the 130/30 market is about $50 billion. But some think that
