Investment banks

KraneShares Partners with UBS Asset Management to Launch Active China A Share Fund

Retrieved on: 
Wednesday, June 16, 2021
Finance, Financial services, Investment, Investment banks, Subprime mortgage crisis, UBS, Warburg family, Exchange-traded fund, Brinson Partners

NEW YORK, June 16, 2021 /PRNewswire/ -- Krane Funds Advisors, LLC, (" KraneShares "), a global asset management firm known for itsChina-focused exchange-traded funds (ETFs) and innovativeChinainvestment strategies, today announced they have appointed UBS Asset Management (Americas) Inc. ("UBS Asset Management") as sub-advisor to launch the Krane-UBS China A Share Fund .

Key Points: 
  • NEW YORK, June 16, 2021 /PRNewswire/ -- Krane Funds Advisors, LLC, (" KraneShares "), a global asset management firm known for itsChina-focused exchange-traded funds (ETFs) and innovativeChinainvestment strategies, today announced they have appointed UBS Asset Management (Americas) Inc. ("UBS Asset Management") as sub-advisor to launch the Krane-UBS China A Share Fund .
  • Bin Shi is the Head of China Equities at UBS Asset Management and has managed their flagship China A Share strategy since its inception in 2007.
  • The Krane-UBS China A Share Fund is driven by the belief that structural growth and inefficiencies in the A share market produce significant alpha potential for investors.
  • For more information about the Krane UBS China A Share Fund, visit https://kraneshares.com/mutual-funds/krane-ubs-china-a-share-fund/, or talk to your financial advisor.

Michael Carter Joins Truist Securities to Lead Investment Banking

Retrieved on: 
Monday, June 14, 2021
Finance, Financial services, Banks, Royal Bank of Canada, Truist Financial, Wilson, North Carolina, Investment banks, Primary dealers, RBC Capital Markets, Investment banking, UBS, Truist Center

ATLANTA, June 14, 2021 /PRNewswire/ --Truist Securities today announced that Michael Carter has joined the firm to lead the investment and corporate banking teams and will be located in Atlanta.

Key Points: 
  • ATLANTA, June 14, 2021 /PRNewswire/ --Truist Securities today announced that Michael Carter has joined the firm to lead the investment and corporate banking teams and will be located in Atlanta.
  • Carter joins Truist from RBC Capital Markets where he was most recently global head, Technology Investment Banking.
  • During his eight years at RBC Capital Markets, Carter also held the titles of global co-head, Technology Investment Banking and co-head, U.S. Technology Investment Banking.
  • Truist Securities is the trade name for the corporate and investment banking services of Truist Financial Corporation and its subsidiaries.

JMP Group Divests Interest in Harvest Capital Credit Corporation

Retrieved on: 
Friday, June 11, 2021
Finance, Consulting, Banking, Professional services, Other Professional Services, Finance, Money, Investment, Investment banks, Primary dealers, Subprime mortgage crisis, Corporate finance, Entrepreneurship, Venture capital, JMP, Investment banking, UBS

JMP Group LLC (NYSE: JMP ), an investment banking and alternative asset management firm, announced today that Harvest Capital Credit Corporation, a business development company previously externally managed by JMP Group subsidiary HCAP Advisors, has been acquired by Portman Ridge Finance Corporation.

Key Points: 
  • JMP Group LLC (NYSE: JMP ), an investment banking and alternative asset management firm, announced today that Harvest Capital Credit Corporation, a business development company previously externally managed by JMP Group subsidiary HCAP Advisors, has been acquired by Portman Ridge Finance Corporation.
  • Harvest Capital Credit Corporation had been listed on Nasdaq under the symbol HCAP.
  • The aggregate value of the cash and stock received in exchange for JMP Groups investment in Harvest Capital Credit Corporation was approximately $9.7 million.
  • JMP Group conducts its investment banking and research, sales and trading activities through JMP Securities and its venture capital and private capital activities through Harvest Capital Strategies and JMP Asset Management.

Xcelerate, Inc. Announces Investment Banking Agreements for Consulting Services and Acquisition Financing

Retrieved on: 
Thursday, June 10, 2021
Financial services, Finance, Money, Investment banking, Financial adviser, Investment banks, Primary dealers, Subprime mortgage crisis

MAULDIN, S.C., June 10, 2021 /PRNewswire/ --Xcelerate, Inc.(OTC: XCRT) announced today it has signed two investment banking agreements with a leading New York-based investment banking firm to assist in sourcing capital.

Key Points: 
  • MAULDIN, S.C., June 10, 2021 /PRNewswire/ --Xcelerate, Inc.(OTC: XCRT) announced today it has signed two investment banking agreements with a leading New York-based investment banking firm to assist in sourcing capital.
  • (The investment banking firm was founded in the late 1980's, is one of the oldest in the United States, a full-service broker-dealer employing over 300 people.
  • The firm manages funds with over $2.8 Billion of retail accounts, nearly 100 registered representatives and 50 investment advisors in ten offices.)
  • Under this agreement, the Company has retained the investment banking firm as its exclusive placement agent and financial advisor in connection with acquisition financing.

Houlihan Lokey Expands Its Software Coverage Capabilities With Experienced Hire

Retrieved on: 
Wednesday, June 9, 2021
Finance, Banking, Professional services, Technology, Software, Finance, Financial services, Banking, Bankruptcy in the United States, Houlihan Lokey, Investment banks, Houlihan, Lokey, Rothschild & Co, Investment banking, Draft:James Zukin

Houlihan Lokey (NYSE:HLI), the global investment bank, announced today that Walid Khiari has joined the firm as a Managing Director in the TMT Group to cover software companies.

Key Points: 
  • Houlihan Lokey (NYSE:HLI), the global investment bank, announced today that Walid Khiari has joined the firm as a Managing Director in the TMT Group to cover software companies.
  • Mr. Khiari joins from Rothschild & Co., where he was a Managing Director in the global technology investment banking group.
  • Prior to Rothschild & Co., Mr. Khiari was a Director in Credit Suisses technology group in San Francisco, providing M&A and capital-raising advice to clients across the enterprise software ecosystem.
  • Houlihan Lokey (NYSE:HLI) is a global investment bank with expertise in mergers and acquisitions, capital markets, financial restructuring, and valuation.

Atom Finance Announces First Enterprise Partnership With Inter, the Brazilian Multi-service Digital Platform

Retrieved on: 
Wednesday, June 9, 2021
Software, Technology, Professional services, Finance, Brokerage firms, Investment banks, Corporate finance, Equity securities, Primary dealers, Atom Finance, Banco Inter, ATOM FINANCE, BANCO INTER

Atom Finance , the consumer software platform providing institutional-quality investment resources, today announced its first product integration partnership with Inter, a complete digital platform that revolutionized the banking market in Brazil and goes beyond financial services, including shopping, insurance and investments.

Key Points: 
  • Atom Finance , the consumer software platform providing institutional-quality investment resources, today announced its first product integration partnership with Inter, a complete digital platform that revolutionized the banking market in Brazil and goes beyond financial services, including shopping, insurance and investments.
  • The Atom platform launched in 2019 to provide the growing population of individual investors with sophisticated, easy-to-use investment research and portfolio monitoring tools.
  • The partnership with Inter marks Atoms expansion internationally and first enterprise deal, swiftly providing a white-labeled service to banks and brokerage firms globally to bolster their user experience.
  • Atoms sophisticated white-label offerings promptly equip businesses with best-in-class investment resources for their clients that would otherwise take years to build in-house.

BancTrust & Co. Investment Bank Announces New Hires to Reinforce London Global Markets Team

Retrieved on: 
Tuesday, June 8, 2021
Financial services, Finance, Money, Investment banks, Investment banking, Sales and trading, Renaissance Capital, Crédit Agricole Corporate and Investment Bank

LONDON, June 8, 2021 /PRNewswire/ --BancTrust & Co. Investment Bank (BancTrust), the London-based Emerging Markets investment bank, is pleased to announce two new hires to its London Global Markets team.

Key Points: 
  • LONDON, June 8, 2021 /PRNewswire/ --BancTrust & Co. Investment Bank (BancTrust), the London-based Emerging Markets investment bank, is pleased to announce two new hires to its London Global Markets team.
  • Melton Plummer, ED Fixed Income Sales, and Jeremy Godfrey, ED Fixed Income Sales, have joined the trading floor this week to focus on high beta Global Emerging Markets.
  • BancTrust & Co. Investment Bank is a London-based investment bank specialised in high beta credit markets in Emerging Markets.
  • The firm offers capital markets advisory, institutional sales & trading and investment research products and services to corporate clients and institutional investors.

BancTrust & Co. Investment Bank Announces New Hires to Reinforce London Global Markets Team

Retrieved on: 
Tuesday, June 8, 2021
Financial services, Finance, Money, Investment banks, Investment banking, Sales and trading, Renaissance Capital, Crédit Agricole Corporate and Investment Bank

LONDON, June 8, 2021 /PRNewswire/ --BancTrust & Co. Investment Bank (BancTrust), the London-based Emerging Markets investment bank, is pleased to announce two new hires to its London Global Markets team.

Key Points: 
  • LONDON, June 8, 2021 /PRNewswire/ --BancTrust & Co. Investment Bank (BancTrust), the London-based Emerging Markets investment bank, is pleased to announce two new hires to its London Global Markets team.
  • Melton Plummer, ED Fixed Income Sales, and Jeremy Godfrey, ED Fixed Income Sales, have joined the trading floor this week to focus on high beta Global Emerging Markets.
  • BancTrust & Co. Investment Bank is a London-based investment bank specialised in high beta credit markets in Emerging Markets.
  • The firm offers capital markets advisory, institutional sales & trading and investment research products and services to corporate clients and institutional investors.

Evercore Co-Chief Executive Officer John S. Weinberg to Participate in the Morgan Stanley Virtual U.S. Financials Conference on June 14

Retrieved on: 
Monday, June 7, 2021
Consulting, Banking, Professional services, Finance, Financial services, Finance, Investment banks, Evercore, EVR, Investment banking, New York Stock Exchange, Morgan Stanley, Fireside chats

Evercore (NYSE: EVR) today announced that its Co-Chief Executive Officer, John S. Weinberg, will participate in the Morgan Stanley Virtual U.S. Financials Conference on Monday, June 14, 2021 in a fireside chat session that begins at 1:15 p.m.

Key Points: 
  • Evercore (NYSE: EVR) today announced that its Co-Chief Executive Officer, John S. Weinberg, will participate in the Morgan Stanley Virtual U.S. Financials Conference on Monday, June 14, 2021 in a fireside chat session that begins at 1:15 p.m.
  • A live audio webcast will be available on the day of the conference under the For Investors section of Evercores website at www.evercore.com .
  • A replay will be available on the same site for 30 days following the event.
  • Evercore (NYSE: EVR) is a premier global independent investment banking advisory firm.

Centessa Announces Closing of Initial Public Offering and Full Exercise of Underwriters’ Option to Purchase Additional ADSs

Retrieved on: 
Friday, June 4, 2021
Finance, Investment banks, Financial services, Primary dealers, Subprime mortgage crisis, Stock market, Initial public offering, Corporate finance, Goldman Sachs, ADSS, Evercore, Underwriting

The closing of the initial public offering occurred on June 2, 2021 and the issuance and sale of the additional ADSs closed today.

Key Points: 
  • The closing of the initial public offering occurred on June 2, 2021 and the issuance and sale of the additional ADSs closed today.
  • The gross proceeds to Centessa from its initial public offering, before deducting underwriting discounts, commissions and other estimated offering expenses, totaled an aggregate of $379.5 million.
  • Morgan Stanley, Goldman Sachs & Co. LLC, Jefferies, and Evercore ISI acted as joint book-running managers for the offering.
  • A registration statement relating to these securities was declared effective by the Securities and Exchange Commission on May 27, 2021.