Analyses are solely the work of the authors and have not been edited or endorsed by GLG.
Financial Armageddon off the table; now what?
November 19, 2009
Goldman Sachs launches $500M small-business venture | www.njbiz.com
Since we all seem to agree that financial Armageddon is off the table, and multiple iterations of TRILLIONS of dollars of current US taxpayer capital & debt has flooded the economy, we all seem to also agree the future impact of this indebtedness is unknown.We also seem to agree that US small business can take us forward and create more opportunity and jobs.
Why Not? Would the Results be any Different?
November 12, 2009
Obama Taking Hands-Off Stance on Citi, AIG Pay | www.bloomberg.com
Why should Obama have to be directly involved with the process? How would the process be any different if he did?
New FINRA Rule 2210-Simplification Whose Time Has Come
November 4, 2009
FINRA Requests Comments on Proposed New Rules Governing Communications with the Public | www.finra.org
The proposed amendments to the advertising rules attempt to clarify the various categories of communications that have emerged over the years, codify the myriad interpretations to the rules and require greater disclosure for financial products that the rules did not previously address. All in all, Regulatory Notice 09-55 represents a significant step in the right direction, in this writer's opinion.
State of the Private Equity sector in India
November 2, 2009
India may lead global private equity recovery: KPMG | economictimes.indiatimes.com
India will continue to offer attractive investment opportunities to institutional investors in the coming months, however, certain sectors will fare much better than others. Private Placement Advisors will continue to play a vital role in capital raising in emerging markets such as India
When should the leader of a startup be replaced
October 16, 2009
Integrated Diagnostics Launches With Pre-Eminent Team and Investors | www.vcaonline.com
The majority of the time a private company with a solid product in a growing market fails is because the wrong person is in charge of navigating the ship. As companies go through the phases from product design and development to profitability, the talent on the executive team needs to be reviewed to make sure the right people are in place. Industry experts typically start the company's operation, but they may have never run a company to IPO.
Knowing how the money will be spend is key to an equity raise
October 15, 2009
Ooyala Raises $10M to Fund Aggressive Expansion Plan | www.vcaonline.com
Preparing for an equity includes having a detailed strategy, solid talent, supportable forecast, and the thorough knowledge of how the equity raise will achieve the company's goals. Without completely thinking through how much money is needed and where the money will be invested causes doubt with the likelihood of success.
Preparing for an Equity Raise so VC's don't Rely on 'gut feeling'
October 1, 2009
Harris: Survey finds venture capitalists rely heavily on 'gut feelings' | www.mercurynews.com
As private equity firms are approached by companies seeking a capital infusion, the preparation work completed by the seeking company will most certainly help the VC determine whether they want to invest. Unfortunately most companies do not know how to prepare for an equity raise. Most will put together an investor package and maybe some forecast, but will fall short of providing supporting documents and a detailed forecast that's easily understood. Additionally, most small companies won't afford an investment banker to consult them, so they hit the road on their own.
Global capacity adjustment - not just a China PR stunt
September 30, 2009
China moves to curb industrial capacity | www.ft.com
1. Overcapacity is a recurring Chinese problem, in the name of employment management and overall growth. 2. High export dependency (42% in 4Q08) exposed the economy to infrastructure bottlenecks, trade friction and increased risk of oversteering. 3. The need to adjust is real, but the bigger risks are social fragmentation, a global loss of confidence in the China growth story and severely reduced manoeuvering room in the international area.
The Real Story Behind Wall Street’s Collapse
September 26, 2009
Wall Street Journal Article - From Bear to Bull | online.wsj.com
The ill conceived and poorly executed regulations imposed upon the financial services industry over the past eight decades are the direct and proximate cause of the current turmoil taking place on Wall Street. Although certain narrowly tailored regulations are beneficial to the economy at large, the “shot-gun” approach favored by legislators over the years has cause far more harm to Wall Street and to the global economy than good.
September 23, 2009
Marriages of Convenience | www.mergersunleashed.com
An acquisition strategy that is led through litigation is never a good tactic to take when a company is trying to expand. Key employees and corporate culture are sure to be lost, putting the success of integration at risk.
New FINRA Rule 2210-Simplification Whose Time Has Come
November 4, 2009
The Real Story Behind Wall Street’s Collapse
September 26, 2009
The DPRK (North Korea) Location, Location, Location
September 21, 2009
Furthering Macquarie's Vertical Strategy
September 9, 2009
China Sovereign Wealth Fund Looking Outside China
August 31, 2009