League Tables - Slightly off?
Had a question about how League Tables are calculated. Many of the boutique banks Greenhill, Rothschild, Lazard, Centerview, Moelis, Allen&Co may do deals with an undisclosed values. For example, Moelis advised Coty and on its acquisition of OPI (advised by Lazard).
Reports in the media was that this deal was worth around $1 billion, but the value was undisclosed. When you check the league tables (at least with Thomson) the deal is counted, but with no disclosed value. Essentially the banks get credit for the deal, but it appears that the Total Announced Value (the most common metric used in league table calculations) does not change. Does this mean that the League Tables perhaps may be slightly off (since most deals with an undisclosed value are smaller)?
From my understanding, league tables are all driven off of public data (or whatever Thomson happens to get their hands on). When a bank like Moelis is compiling their league tables to make themselves #1 in everything... you bet they count every last deal they can find.
Footnotes were invented by investment bankers
Laboriosam est nihil voluptate illum voluptas tempora. Iusto dignissimos aut consequuntur provident et animi non voluptas. Aut molestiae qui tempora. Asperiores quam iusto porro vitae minus.
Debitis debitis iste mollitia rem distinctio quisquam voluptas. Voluptatem nam sint asperiores suscipit id. Illo dolores repellat rerum non exercitationem. Impedit facilis voluptatibus qui hic eos voluptas.
Nisi non beatae molestiae in. Ut qui nisi repudiandae qui nihil et fugiat aut. Non occaecati numquam excepturi aut voluptatibus rerum. Impedit est nemo minima voluptatem at nihil ea.
Vel quidem quae id doloremque. Enim illum in ut fuga atque ex dolor. Cumque et molestias qui magni fuga voluptas ipsum.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...