Mergers and Inquisitions

JANUARY 22, 2025

At the junior levels , entry-level professionals in both fields spend a lot of time in Excel working on models, valuations, and documents such as equity research reports and investment banking pitch books. consolidation accounting , lease accounting , etc.). bulge bracket research team to startup PE firm).

Investment Banking 64

Investment Banking Equities Banking Bank 64

Mergers and Inquisitions

MAY 14, 2025

Example Valuations, Pitch Books, Fairness Opinions, and Investor Presentations I will cheat a bit in this part and re-use some of the valuations, pitch books, presentations, and Fairness Opinions from previous industry group articles. It takes a long time to find these examples, especially for non-U.S.

Investment Banking 59

Investment Banking Bank Banking Investment 59

Mergers and Inquisitions

MAY 10, 2023

Asia-Pacific sees ~$1+ trillion of M&A deal activity per year , and SE Asia accounts for only ~10% of that (note that the first image below is only for 9 months of the year, so the full-year numbers are higher): $50 – $100 billion of M&A deal activity per year may seem like a lot, but it’s less than Canada in an average year.

Investment Banking 105

Investment Banking Banking Bank Investment 105

The TRADE

DECEMBER 14, 2023

In the same period, international accounted for $332 million in Q3 up from $311 in Q3 2022. It’s one book and that makes it easy. It [fixed income ETFs] is such an integral part of how we view volumes and overall hedge the book because the balance sheet takes on a lot of different risk profiles,” said one sell-side individual.

Portfolio 104

Portfolio Trading IT Bulge Bracket 104

Mergers and Inquisitions

JULY 17, 2024

based bulge brackets (GS, MS, JPM, Citi, and BofA) are the strongest international banks, and Avendus, Kotak, JM Financial, ICICI, and Axis are the strongest domestic firms. Among the bulge brackets, the U.S.-based based firms (GS, MS, Citi, JPM, and BofA) tend to perform best.

Investment Banking 59

Investment Banking Banking Bank Bulge Bracket 59

Mergers and Inquisitions

AUGUST 16, 2023

In terms of industry focus , technology (especially “general IT,” Internet, and semiconductors) and healthcare have always accounted for a high percentage of deal activity. Here’s a good summary from this BDA report on Private Equity in China : Tech still accounts for a huge percentage of deal volume in the U.S.,

Private Equity 94

Private Equity Equities Recruitment Funds 94

The TRADE

OCTOBER 9, 2024

Starting his career at Absa Capital on the Africa trading desk, Willis explains that as a junior market maker he was given a book of business – Nigerian and Ugandan bonds among other things – and told to face off against seasoned asset managers and peers.

Trading 59

Trading Bulge Bracket Asset Management Bank 59