JMI Equity

OCTOBER 1, 2024

Prior to joining JMI, Larry was an analyst in the multi-industries group in the investment banking division at Merrill Lynch & Co. Suken Vakil , Partner, joined JMI in 2012. Larry is currently a director of Apptegy, Bloomerang, ChurnZero, Incident IQ, RainFocus, and Raptor Technologies.

Leveraged Buyouts 40

Leveraged Buyouts Mergers and Acquisitions Investors Buyout 40

The Big Picture

AUGUST 2, 2023

Bloomberg ) • Local Malls, Stuck in ‘Death Spiral,’ Plunge in Value Crystal Mall in Connecticut, worth $150 million in 2012, recently sold for $9.5 Wall Street Journal ) • India Shines as Investment Draw, at China’s Expense : The world’s most populous nation is enjoying a stock market surge and appears poised for further investment.

Finance 98

Finance Financing Investment Banks Investment Banking 98

Pension Pulse

DECEMBER 14, 2023

Ontario Teachers’ initially invested in Shearer’s in 2012 and became a significant majority owner in 2015. Deutsche Bank Securities Inc., UBS Investment Bank, BMO Capital Markets Corp, BNP Paribas, RBC Capital Markets LLC, and TD Securities provided financing and served as financial advisors to CD&R.

Stakes 59

Stakes Legal Capital Banks 59

American Investment Council

OCTOBER 15, 2024

In Rice’s case, he struggled with addiction and had spent five years in prison for selling meth before co-founding his plumbing business in 2012 with his business partner, Mike Nagal. They are also springboards for those with bigger entrepreneurial ambitions. It specialized in sewer inspections and repair.

Private Equity Firms 52

Private Equity Firms Private Equity Firms Stakes Buyout 52

The Motley Fool

SEPTEMBER 25, 2024

Year Q3 YTD Return Q4 Return 1991 17% 8% 1995 27% 5% 1996 12% 8% 1997 28% 2% 2003 13% 12% 2009 17% 5% 2012 15% (1%) 2013 18% 10% 2017 13% 6% 2019 19% 9% 2021 15% 11% 2023 12% 11% Median N/A 8% Data source: YCharts. The only exception to that rule was 2012. YTD: year to date. The chart above contains two important pieces of information.

Stock Market 246

Stock Market Stock Market Investment Banks Investment Banking 246

Pension Pulse

JULY 11, 2024

A broader worry is that while buyers’ hunger may be back for higher-quality companies, as shown by the uptick in investment-banking activity on Wall Street, the books of PE firms are stuffed with less attractive businesses snapped up at inflated prices.

Buyout 59

Buyout Debt Leveraging Pension Funds 59

Tucker Advisors

SEPTEMBER 27, 2021

Shortly after The Great Recession began unraveling in 2008, many people feared insurance companies would suffer the same fate as investment banks like Lehman Brothers, Bear Sterns, Wachovia and Washington Mutual. After all, no one could have predicted those banks would fail, either. Forbes; June 1, 2012 [link].

Companies 52

Companies Liabilities Legal Banks 52

The Motley Fool

MAY 25, 2024

When I say institutional investors, I am referring to professional money managers like family offices, endowments, hedge funds, insurance companies, and investment banks. Halving Event Bitcoin Return (2 Years Later) November 2012 2,964% July 2016 922% May 2020 348% Data source: Fidelity Digital Assets.

Securities and Exchange Commission (SEC) 246

Securities and Exchange Commission (SEC) Hedge Funds Exchange-Traded Funds Assets 246

The Motley Fool

JULY 21, 2024

Several major investment banks, including JPMorgan Chase , Morgan Stanley , and Wells Fargo , have also bought into spot Bitcoin ETFs. Halving Date Peak Return Time to Peak Return November 2012 10,485% 371 days July 2016 3,103% 525 days May 2020 707% 546 days Source: Fidelity Digital Assets.

Hedge Funds 246

Hedge Funds Funds Stakes Assets 246

The Motley Fool

JULY 1, 2023

as of June 29, which, aside from when it briefly dipped to 8 in March 2020 at the start of the pandemic, is the lowest it has been since 2012. With interest rates still high, a potential reduction in deposit pressures, and an improving forecast for investment banking, Bank of America is in a prime position to grow.

Banks 130

Banks Exchange-Traded Funds Shareholders Accounting 130

Sara Grillo

MAY 8, 2023

The fair market value of the cap is what the carrier paid the investment bank to buy the 10% cap. He is also the Executive Editor of The Life Product Review since 2012. As you say, Well, the fair market value of the 10% cap is what the carrier paid the investment bank to buy the 10% cap. Transcript 0:00:00.6

Mutual Funds 59

Mutual Funds Taxes Collateral Leveraging 59

Pension Pulse

MAY 23, 2024

At the same time, Emond was rising through the ranks at Scotiabank, spending four years as the investment bank’s head of Quebec. Then he moved to Toronto to lead the bank’s entire Canadian corporate banking and global investment banking teams. faced a 2012 takeover bid from U.S.

Pension Funds 59

Pension Funds Stakes Banks Financing 59

The Motley Fool

FEBRUARY 15, 2024

We also expanded Zelman's investment banking capabilities into the commercial market in 2023. And in the fourth quarter, the investment banking team closed three transactions, albeit all in the single-family sector, that boosted revenues and expanded the W&D brand significantly. But those are the big variables.

Debt 100

Debt Capital Financing Finance 100

The Motley Fool

SEPTEMBER 13, 2023

SoFi's vision for the future SoFi began as a student loan cooperative (hence its original name, "Social Finance"), and in 2012, it became the first company to offer refinancing on government and private student loans. However, investment banking is a new step for SoFi. SoFi works with a different clientele.

Initial Public Offering 246

Initial Public Offering Investment Banks Investment Banking Banks 246

The Big Picture

JULY 24, 2023

And so for the longest time, I actually thought that my unconventional background, I wasn’t an Ivy League student, I didn’t train at an investment bank, I wasn’t working for a hedge fund, I started my career as a bank teller. In 2012 Facebook went public, the IPO flopped. RITHOLTZ: That’s right.

Banks 52

Banks Hedge Funds Debt Legal 52

The Big Picture

OCTOBER 31, 2023

00:11:44 [Speaker Changed] So the rubbing of the chin occurred in October of 2012 when I wrote a memo to my partner in crime channel O’Reilly, who’s now my co-head on privates. What, what’s that process like? And I said, Hey, I think this might be a really long-term secular trend of companies staying private longer.

Hedge Funds 62

Hedge Funds Mutual Funds Funds Due Diligence 62

The Big Picture

SEPTEMBER 26, 2023

The investment banks were stuck with syndications that they had committed to, to place in the markets with price caps on the, on the coupons. If you have a job as a young person in finance, whether it’s in investment banking or consulting or, or buy side, sell side, you have it really good.

Private Equity Firms 52

Private Equity Firms Private Equity Firms Debt Banks 52

The Big Picture

APRIL 18, 2023

Even when you read that announcement from — that was 2012 — RITHOLTZ: 2012. BARATTA: — we’re probably three times the size as we were in 2012. RITHOLTZ: — firms or private equity firms? BARATTA: Yeah. The first job for Morgan Stanley was McCown De Leeuw.

Private Equity Firms 62

Private Equity Firms Private Equity Firms Assets Financing 62

Sara Grillo

SEPTEMBER 26, 2022

Robert is the father of three amazing children: Macie, Liam, and Charlotte; and husband to Priscila Moraes-Wright since 2012. Robert is also an Instructor of CFP® Coursework for the College of Financial Planning Online and on Campus at Kennesaw State University. About Scott Salaske.

Securities and Exchange Commission (SEC) 59

Securities and Exchange Commission (SEC) Education Consulting Consultants 59

The Big Picture

FEBRUARY 7, 2023

You know, GE Capital, you have to understand, like, investment banking was so hot then. COHAN: Everybody wanted to be an investment banker. I mean, investment bankers were rock stars, right? COHAN: — because, you know, there were 72 partners and 72 non-partners in the investment banking group, so very small.

Banks 102

Banks Mergers and Acquisitions Capital Companies 102

The Big Picture

APRIL 11, 2023

And then in 2012, I think Berkshire Hathaway initiated its buybacks with a cap, which is, you know, that they will do buybacks as long as the price was less than intrinsic value. And again, some history, until 2009 or ‘10, Warren Buffett actually spoke out against buybacks. RITHOLTZ: He was not a fan. DAMODARAN: He was a big dividend person.

Education 117

Education Financing Finance Taxes 117

The Big Picture

JANUARY 31, 2023

So a lot of the investment banking analysts had already lined up their gig. And I think in September of that year, Bank of America Merrill Lynch, at that point, hired Ethan Harris, who I think he was at Lehman Barclays. And so I worked with him until 2012. But it was kind of late. RITHOLTZ: Really? DUTTA: Yes.

Stock Market 57

Stock Market Stock Market Banks Financing 57

The Big Picture

OCTOBER 31, 2022

There’s a lot of people writing about that back in 2012, 2013, that they started selling at a premium multiple to the market, which is very obviously not the case today. RITHOLTZ: What sort of advice would you give to a recent college grad who is interested in a career in investing in finance? That’s — SIEGEL: Yeah.

Financing 57

Financing Finance Debt Returns 57

The Big Picture

OCTOBER 3, 2023

2012 Watson beat Casper off at chess. You know, after you’ve learned the fundamentals, you know, after a couple years, just because you went into a sales and trading program, or just because you went into investment banking program, doesn’t mean that’s what you should do. Now for decades.

Taxes 109

Taxes Banks Capital Debt 109

The Big Picture

JANUARY 23, 2024

Barry Ritholtz : 00:02:14 [Speaker Changed] Did you do for the campaign in oh eight, and then what’d you do in 2012? Which kind of haunts me 00:47:19 [Speaker Changed] There, there is a fascinating book that was very early in energy investment called Windfall. I was 24 years old, cocky, and a little bit insane.

Startups 52

Startups Venture Capital Conglomerates Capital 52

The Big Picture

AUGUST 23, 2022

Asset management group had made an argument and then the investment bank says, he works here, and then the emerging market people say, what about us, and it was going on and on. And in November of 2012, it went for a vote in the Senate and it cast 92-4. The Magnitsky Act passed 92-4.

Legal 127

Legal Banks Law Firms Taxes 127