How Pension Placement Agent Exploited Political Ties (Update1) – Bloomberg.com. May 18, 2009 Kudos to Bloomberg to an excellent review of where we are with the placement agent model and the use of the politically connected to make introductions. – Apparently the well-connected politically – democrats mostly – have spent their time in… Read more »
HF Alert reports that Goldman Sachs is planning an all-star cap-intro event next week. They appear to have pulled a page directly from the Live Nation concert playbook. Instead of taking risks with smaller acts in small venues – LN prefers to book aerosmith, Madonna, Cold Play, U2 pay them well and book ginormous venues…. Read more »
Cap-intro starting to show signs of life.
Highlights from this year’s DB alternative investment survey.
We recently announced a strategic partnership with Lighthouse Prime Services. We are excited about the opportunity as we are working with a group that recognizes that in order to do “cap-intro” correctly, you need to work with people that are talking to investors every day. For years, we heard the common refrain that,… Read more »