Axial

OCTOBER 26, 2023

Axial is excited to release its Q3 2023 Lower Middle Market Investment Banking League Tables. These quarterly league tables reveal the top 25 investment banks active on the Axial platform in Q3. In Q3, 571 sell-side investment banks and M&A advisors brought a total of 2,360 deals to market.

Investment Banking 52

Investment Banking Investment Banks Banks Mergers and Acquisitions 52

Axial

JULY 27, 2023

Axial is excited to release its Q2 2023 Lower Middle Market Investment Banking League Tables. These quarterly league tables reveal the top 25 investment banks active on the Axial platform in Q2. In Q2, 771 sell-side investment banks and M&A advisors brought a total of 2,647 deals to market.

Investment Banking 52

Investment Banking Investment Banks Mergers and Acquisitions Banks 52

The Motley Fool

APRIL 23, 2024

Operationally, we delivered our highest Q1 recurring sales in analytics in a decade at $14 million, our best-ever Q1 of recurring sales among hedge funds at nearly $11 million, and another quarter of double-digit subscription run rate growth of 11% among asset owners, driven by index and analytics.

Mergers and Acquisitions 130

Mergers and Acquisitions Hedge Funds Asset Management Banks 130

The Big Picture

JULY 22, 2023

Mian, who is the founder and managing editor at Stray Reflections , an independent global macro research and trading advisory firm with a focus on major investment themes. His clients include some of the world’s largest hedge funds, family offices, and institutional investors.

Hedge Funds 52

Hedge Funds Financing Finance Leveraging 52

The Big Picture

OCTOBER 31, 2023

We were originally very equity heavy back in the day, and we made a lot of investments on the fixed income side. We entered the liquid alts market with hedge funds back in 1994, and we entered the private market in 2014 with my product in late stage growth. So fixed income is now a substantial percentage of our assets.

Hedge Funds 65

Hedge Funds Mutual Funds Funds Due Diligence 65

Blackstone News

FEBRUARY 27, 2024

Barclays Bank PLC, acting through its Investment Bank, served as exclusive structuring advisor to Blackstone in the transaction, to which it also served as risk retainer and liquidity facility provider. About Barclays Our vision is to be the UK-centred leader in global finance.

Securities and Exchange Commission (SEC) 52

Securities and Exchange Commission (SEC) Banks Hedge Funds Financial Institutions 52

The Big Picture

DECEMBER 19, 2023

Mike Rockefeller of Woodline Partners launched what was one of the hottest new hedge funds in a long time. 2019, he came out of the gate having previously worked at Citadel, raising about $2 billion in the new fund. And they are not the typical hedge fund. They, they run a very specific sector focused type of fund.

Hedge Funds 65

Hedge Funds Funds Portfolios Banks 65

Pension Pulse

JANUARY 31, 2024

It is not monolithic and includes such varied enterprises as pension fund investment managers such as AIMCo , insurance companies, investment banks, broker dealers, hedge funds, mortgage investment companies – and still others. As a consequence, banks must submit to more stringent regulation.

Banks 59

Banks Pension Funds Financial Institutions Investing 59

The Motley Fool

OCTOBER 13, 2023

This helped drive investment banking revenue up 34%, albeit of a low base and a small wallet. We brought together the management of the investments, corporate, and commercial banks under one umbrella. Personal Banking was also up double digits at 13%. And finally, banking revenues. So that's the piece.

Banks 130

Banks Capital Assets Accounting 130

The Big Picture

DECEMBER 5, 2023

And that was very important because when this was the dawning of what is now a big analyst program across the country in all banks and investment banks. There was no m and a departments in any investment bank really until the very late seventies. And, and we wanted to have relatively modest leverage.

Private Equity Firms 69

Private Equity Firms Private Equity Firms Mergers and Acquisitions Debt 69

The Big Picture

SEPTEMBER 12, 2022

KRISTEN BITTERLY MICHELL, HEAD OF NORTH AMERICAN INVESTMENTS, CITI GLOBAL WEALTH: It’s really interesting because I’m not someone that you would think would be the typical profile to end up in capital markets or — or sales and trading. BITTERLY MICHELL: Not in leveraged, no, not at all, give more …. RITHOLTZ: Right.

Banks 120

Banks Assets Capital Hedge Funds 120

The Big Picture

FEBRUARY 28, 2023

I was actually running the Investment Banking Club at BYU, and you know, thought I was interested in that, interested in going to Wall Street. Leverage levels have come down materially. You’re investing majority equity in most of the transactions that are occurring today. LAYTON: Leverage levels have changed.

Assets 59

Assets Due Diligence Private Equity Firms Private Equity Firms 59

The Big Picture

APRIL 18, 2023

I mean, there have been leveraged loans and high yield bonds since the 1980s. You get paid for the incremental risk that you’re taking in a more leveraged capital structure. RITHOLTZ: You’re looking at the cost of capital and how much margin or leverage you want to assume. So it’s been a great asset class.

Private Equity Firms 65

Private Equity Firms Private Equity Firms Assets Financing 65

The Big Picture

MARCH 27, 2023

She is an author and former hedge fund trader, specializing in distressed assets. Her book, “Damsel in Distressed: My Life in the Golden Age of Hedge Funds”, is really a fascinating read. It’s very witty and charming, and revealing about an industry in a way that most books on hedge funds simply are not.

Hedge Funds 114

Hedge Funds Funds Assets Financing 114

The Motley Fool

AUGUST 8, 2024

Ricky Mulvey: You too can invest in a hedge fund. He's been looking to raise funds for Pershing Square USA, which would be a closed-end fund. Originally looking to raise up to $25 billion so all investors can get in on these hedge fund strategies, Jason. We'll see if it's a good idea.

Hedge Funds 130

Hedge Funds Leveraging Prospects Capital 130

The Big Picture

JULY 26, 2022

WEAVER: It was me making a lot of dumb mistakes, being overconfident, you know, and just investing in companies that looked great in the spreadsheet and didn’t — what looks great in the spreadsheet is low purchase price and a lot of leverage. It’s more important than the leverage levels.

Consulting 119

Consulting Consultants Private Equity Firms Private Equity Firms 119

The Big Picture

MAY 23, 2023

BARRY RITHOLTZ, HOST, MASTERS IN BUSINESS: This week on the podcast, another extra special guest, Robin Grew, President of Man Group, $145 billion publicly traded hedge fund in the UK, and soon to be Man Group’s CEO. RITHOLTZ: Sure, all the little banking things, yeah. RITHOLTZ: Uh-oh. GREW: I know, this seems to be a process.

Hedge Funds 65

Hedge Funds Financing Finance Funds 65

The Big Picture

SEPTEMBER 23, 2024

But, but I think if I was to go back through my career, that moment in time, you know, when there is this big wave coming, because it was the start of the high yield market, the leverage loan market grew dramatically, you know, from 200 billion in the mid nineties to $5 trillion today, high yield and leverage loans. And still growing.

Debt 59

Debt Leveraging Banks Leveraged Buyouts 59

The Big Picture

NOVEMBER 22, 2022

But if you don’t, if you grew up in a market, where there’s not an investment bank, there’s nothing other than a branch bank for one of the multi-dimensional financials, then you’re not really going to have an understanding of what that career looks like at a young age. Your parent may work there.

Financing 59

Financing Finance Hedge Funds Venture Capital 59

The Big Picture

APRIL 4, 2023

And what was fascinating about Drexel and kind of the diaspora, if you will, of that era was that we all basically went out looking to take that experience, particularly in high yield and kind of buyouts and financing, and do it at either banks or other investment banks. KENCEL: It’s the investment banking affiliate.

Private Equity Firms 59

Private Equity Firms Private Equity Firms Financing Finance 59

The Big Picture

MAY 9, 2023

Investment banks were not really a known concept in the area where I grew up. SALISBURY: Generally, it’s asset liability mismatches that causes bank failures, but it also causes, in some cases, hedge fund failures and other financial institutions to fail. I graduated college, realized I needed to get a job.

Liabilities 120

Liabilities Assets Banks Hedge Funds 120

Pension Pulse

AUGUST 15, 2024

billion in liquid assets to pay pension benefits, fund investment opportunities, satisfy potential collateral demands related to our use of derivatives, and to fund expenses. billion while remaining within our 10% leverage limit. Long-Term Issuer Credit Ratings This Investment Update presents certain non-GAAP measures.

Pension Funds 59

Pension Funds Assets Liabilities Portfolios 59

The Big Picture

AUGUST 8, 2022

ADMATI: Well, the banking especially because the creditors in banking are particularly passive. And so, therefore, the usual market forces that push against high leverage in other companies that just naturally with no regulation would limit. ADMATI: They were investment banks. RITHOLTZ: Right. RITHOLTZ: Right.

Banks 82

Banks Debt Financing Finance 82

The Big Picture

SEPTEMBER 10, 2024

Mike Wilson has been with Morgan Stanley since 1989, rising up through the ranks of institutional sales, trading, investing, banking to eventually becoming Chief Investment Officer and Chief US Equity Strategist. So I was really investment banking. What was that experience like? What was your trading career like?

Companies 65

Companies Hedge Funds Pension Funds Assets 65

The Big Picture

JANUARY 24, 2023

And what was interesting was the first leveraged buyout of a public company happened when I was in graduate school. KLINSKY: In 1979, it was the first leveraged buyout of a public company. We had sold the family business, maybe buy another family business one day through a leveraged buyout. RITHOLTZ: Oh, really? KLINSKY: Yeah.

Leveraged Buyouts 105

Leveraged Buyouts Private Equity Firms Private Equity Firms Debt 105

The Big Picture

JUNE 13, 2023

So that was a while back, but nonetheless, I don’t know if it was love at first sight, but we got to get along pretty well, and after a few years working for investment banks, he then joined Goldman Sachs. I joined, effectively, Deutsche Bank. We decided to try to have a go on our own. We were 28, 30 respectively.

Banks 59

Banks Asset Management Assets Capital 59

The Big Picture

SEPTEMBER 26, 2023

Had a group based in Los Angeles that had a long and, and, and experienced team that was investing in distressed debt and really kept separate and apart from what the rest of the hedge fund at PWA was doing. There were so much for selling from the, something called SIVs, the special investment vehicles, right.

Private Equity Firms 52

Private Equity Firms Private Equity Firms Debt Banks 52

The Big Picture

DECEMBER 14, 2022

Some people maybe were going to hedge funds as well. But I’d say, overall, folks are more kind of corporate-oriented, you know, investing in companies. I definitely wanted to gain investing skills. How often do you see sort of unusual crazy investment themes blowing up like that?

Assets 65

Assets Mergers and Acquisitions Capital Portfolios 65

The Big Picture

MARCH 12, 2024

So that, that sort of put Amherst on a different pact because prior to that, our core business model was investment banking, brokerage market making, and underwriting. We actually sold our investment bank to Bonko Santander as part of just the frustration with how much intervention had sort of driven down value in that space.

Hedge Funds 59

Hedge Funds Banks Assets Due Diligence 59

The Motley Fool

JANUARY 29, 2025

Among client segments, we also had a strong quarter with hedge funds and wealth managers as we grew our firmwide subscription run rate growth by 15% and 12%, respectively, excluding FX. We also completed large index deals with two of the world's top investment banks, which Baer will discuss shortly.

Asset Management 130

Asset Management Hedge Funds Assets Mergers and Acquisitions 130

Private Equity Wire

APRIL 11, 2025

However, the swift pace of recent market sell-offs has led some hedge funds to rapidly liquidate private debt positions to meet margin calls.

Leveraged Buyouts 45

Leveraged Buyouts Hedge Funds Pension Funds Buyout 45

The Big Picture

JANUARY 14, 2025

They are a multi-manager, multi-strategy hedge fund that has put up some pretty impressive numbers. He was the first non founding partner at a QR, the hedge fund that Asna set up. He has a fascinating perspective on where Alpha comes from as well as the entire hedge fund industry. So I was his first hire.

Hedge Funds 59

Hedge Funds Funds Financing Finance 59

Pension Pulse

MARCH 3, 2025

billion) funds approach to investing. After nearly 20 years in investment banking, at Deutsche Bank and then Credit Suisse, in 2013 he moved to Borealis, OMERS infrastructure arm, to run infrastructure globally and then head the capital markets team. And hes used that vast and varied experience to revamp the C$138.2

Buyout 52

Buyout Pension Funds Investing Assets 52

The Big Picture

MARCH 14, 2023

As you pointed out early in my career, I bounced around a bunch of investment banks, and what I learned through time was it was important when I interviewed the investment bank, it was for them to interview me. And so, the investment banking activity started to explode. It was really crazy. BERNSTEIN: Right.

Banks 65

Banks Portfolios Investment Banks Investment Banking 65

The Big Picture

JANUARY 7, 2025

Made the decision to leave just to try something new at that point, went to Harvard for my MBA and then had made the ch his choice at that point to switch out of biotech and interviewed with a whole bunch of of firms and ended up getting into the hedge fund world, doing capital raising for two large hedge funds.

Capital 52

Capital Hedge Funds Buyout Startups 52

The Big Picture

FEBRUARY 17, 2025

So when I resigned from JP Morgan to pursue my MBA at Harvard, I applied to and got accepted into Morgan Stanley’s MBA fellowship within the investment bank. Within the investment bank. So I had some experience in Africa that was able to leverage for this role. So my original focus was Sub-Saharan Africa.

Investing 59

Investing Funds Financing Finance 59

The Big Picture

DECEMBER 10, 2024

One, two, there was a theory that these businesses had volatile cash flows and therefore couldn’t be leveraged, which was the, you know, the whole point of leveraged buyouts. He was running the h and q investment bank, and then Roger was my next door neighbor and very good friends with Jim.

Consulting 52

Consulting Consultants Private Equity Firms Private Equity Firms 52