Rudy Giuliani may be gearing for a presidential run, but the former New York mayorâ€s investment banking firm is ready to be under new ownership. According to an announcement Monday, Giuliani Partners LLC and its subsidiary, Giuliani Capital Advisors LLC, have agreed for Australian investment banking giant Macquarie Group to acquire it. Terms were not disclosed. Giuliani Capital is a New York boutique investment banking firm that provides consulting and advisory services in the areas of restructuring and M&A. The firm, which finished fourth among investment banks in The Deal LLCâ€s bankruptcy league tables with 18 active cases as of Dec. 31, has offices in Atlanta, Chicago, Los Angeles, New York and Troy, Mich. Giuliani Capital was formed in December 2004 when Giuliani Partners bought Ernst & Young Corporate Finance LLC for $9.8 million. Giuliani himself became a name partner in Houston law firm Bracewell & Patterson LLP. That firm changed its name to Bracewell & Giuliani LLP, which has six professionals active
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investment banking is such a bullshit business. it speaks volumes about the nature of the business that an ex mayor/ mob prosecuter and a corrupt and dirty ex police commissioner can start an investment banking firm. id like to see thoose two hacks start a hedge fund.
From the ghetto...
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