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Trader of the Year Hedge Fund: Conversant Capital’s David Alfred

The TRADE

I spent the first 20 years of my career at the global bulge bracket banks, first in investment banking and then on the institutional equity desks, in a cross-asset and special situations role. I was there through 2015, then Bank of America, before I joined Conversant Capital in early 2021. It’s been busy.

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Trading at the frontier

The TRADE

She joined Ninety One in 2021 from Royal London Asset Management where she had been head of dealing for three years. Markets are constantly challenging and that’s the key aspect to our role.” Due to lower demand, bulge brackets will sometimes not cater for the particulars of what frontier traders are looking to execute. “Say

Trading 59
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Sports Investment Banking: How to Win the Super Bowl and the World Cup in the Same Year

Mergers and Inquisitions

SPAC IPOs for esports companies were “hot” for a short period in 2021, but they seem to have died off by now. My high-level summary would be: 1) Focus on Revenue Multiples – Many teams are not run efficiently and have low/negative cash flows and earnings, so revenue multiples are more common than EBITDA , P/E, or other valuation multiples.

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Cooley’s 2023 Tech M&A Year in Review: An AI-Generated Glass Half Full

Cooley M&A

2023’s much-discussed downturn in mergers & acquisitions – with global M&A volume and value down 6% and 17%, respectively, from 2022 – was largely driven by the slowdown in the tech sector, with global tech M&A volumes down 51% year over year, while other sectors saw marked increases. [1] billion leading the pack. in 2022 to 5.9x

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