From Thomson Reuters GLOBAL ECM ACTIVITY UP 11% – Equity capital markets activity totaled US$890.4 billion during full year 2014, an 11% increase compared to full year 2013 and the strongest annual period for global equity capital markets issuance since 2007. Fourth quarter equity capital markets issuance decreased 8% compared to the third quarter […] Read more »
Targets For Event Driven From Following The PE Spotlight In Europe
From PitchBook Data, Inc./Merrill DataSite Private Equity Hotspots – UK for deals, Southern Europe for Fundraising, IT for Growth Deals, Bolt-Ons for Buyouts 2014 hasn’t been the banner year industry professionals were expecting in Europe. Private equity (PE), venture capital (VC) and growth investment deal counts were soft in 3Q, which likely means that […] Read more »
The Month in European High Yield
By Henry Craik-White, Senior Investment Analyst at ECM September was a strong month for the European high yield market. The Barclays European high yield index, ex financials, returned +1.1%, leaving YTD returns at +5.2%. The top performing sectors in September were telecommunications, consumer services and retailers, recording total returns of +2.0%, +1.8% and +1.6% respectively. At […] Read more »
Supply from UK IPOs expected to be up 50% next year
By Justin Cooper, CEO of Capita Registrars There is only so long the IPO market can stay quiet. Private equity houses have a growing pipeline of investments they need to exit, so they can recycle their capital into new opportunities. The stock market has recovered, meaning that shareholders in private companies (particularly private equity backers […] Read more »