Mergers and Inquisitions

MARCH 13, 2023

Look at any financial model for a bank, and you’ll see that loans – not deposits – are the key top-line driver. They could have just left the funds in cash, but cash yielded ~0% in 2020 – 2021, so SVB put most of these funds in mortgage-backed securities and other U.S. to back them.

Banking 123

Banking Bank Funds Government 123

Mergers and Inquisitions

MARCH 13, 2024

Others would counter that growth equity’s rapid ascent was mostly due to the easy money that persisted between 2008 and 2021. Financial Modeling: Like private equity, 3-statement models are common, as are valuations and DCF models , but LBO models are less common since not all deals use debt.

Private Equity 105

Private Equity Equities Capital Portfolio 105

Mergers and Inquisitions

SEPTEMBER 11, 2024

A good example is the 2020 – 2021 period, when SPAC activity went vertical, and plenty of renewable energy companies used SPACs to go public. Renewable Energy Accounting, Valuation, and Financial Modeling For the most part, very little is “new” here. but they are less consistent than those above.

Investment Banking 59

Investment Banking Banking Bank Investment 59

Mergers and Inquisitions

DECEMBER 4, 2024

SPAC IPOs for esports companies were “hot” for a short period in 2021, but they seem to have died off by now. Outside the bulge brackets, many elite boutiques also advise on sports deals: PJT, Moelis, Evercore, and Rothschild (more so in Europe) are all examples. LionTree and Allen & Co.

Investment Banking 105

Investment Banking Bank Banking Investment 105