And investment bankers will need the essential toolkit to keep up with deal flow. Our first edition was also released during a global financial crisis in Spring 2009, which actually turned out to mark the start of the next decade’s historic bull run. Also, LBOs have evolved in multiple ways, including the number and types of participants, structures and terms, sources of financing, and expected equity returns. We also have two new chapters on IPOs and equity offerings, including content on SPACs and direct listings.
No one has died at RBC Capital Markets in New York City, but there are repeated claims that one particular team there has been overworked, not by the managing director, but by a junior banker and senior analyst. Today, remote access and instant communications have simplified the process, giving bankers more time to focus on clients, team building, and strategy. As COO, he oversees the regulatory obligations and business operations, and leads the functional, operational, and financial aspects of Capital Markets in the region. Mr. Thurlow serves as a member of the National Board of the All Stars Project, an afterschool development program for inner-city kids across 6 major cities in the U.S., including Jersey City, Newark and New York. He began his career in commercial banking during which he held a variety of Credit and Operations roles.
The Sterling Group, a middle market private equity firm…
Trevor has been deeply involved in several community initiatives, including Chair of the Board of Directors for YMCA Calgary and serving as a member of the Dean’s Advisory Council for the Lazaridis joshua rosenbaum rbc School of Business and Economics at Wilfrid Laurier University. She then led enterprise-wide change management and governance programs at Rogers Communications before returning to consulting. At CGI, Celine headed up the organizational change management center of expertise and consulted on organizational design, development and change across industries. Before starting her corporate career with CGI, a Canadian IT services firm with global operations, she earned her Ph.D. in Management from HEC Montreal. Celine has built her career on a foundation of business transformation, people strategies and organizational effectiveness.
Creating Change: Diversity and Inclusion in the Tech Industry
In addition to his leadership role with RBC Capital Markets, Derek is also a board member for RBC US Group Holdings LLC, RBC Dominion Securities Inc. and the RBC Foundation. Baird’s Industrials team was accused of being a particular sweatshop by the Wall Street Journal in April. “We worked with him while we were interns,” says the junior banker. At Deutsche Bank, though, insiders say junior bankers are being overworked by ambitious new managing directors eager to prove themselves in a challenging market.
Andrew has held progressively senior roles across GRM and RBC over his 20 years with the bank. As the Chief Risk Officer for RBC Capital Markets, Andrew and his team are responsible for driving strong risk governance practices aligned with enterprise standards, promoting a strong risk culture and providing risk insights and understanding to the business. As EVP Commercial & Wholesale Credit Risk within Group Risk Management, Andrew leads the team responsible for the global oversight of wholesale credit risk originated by RBC Capital Markets, Commercial Banking and City National Bank. In his current role he is actively engaged in senior client coverage and providing advice to clients across industries.
Based in Jersey City, New Jersey, Mr. Thurlow is responsible for all operational, control and administrative aspects of RBC’s U.S. Capital Markets businesses and has local management responsibility for all Technology, Operations and Functions groups. Historically, he has extensive sector experience with origination and execution of transactions in industrials (with a focus on aerospace, defense and government services), communications, media and entertainment, technology, and business services. Earlier in his career, he was involved in Equity Capital Markets executing initial public offerings and secondary equity offerings for clients across various industries. In this capacity he oversees the Global Private Capital Group, servicing institutional clients such as investment holding companies, alternative asset managers, family offices and hedge funds. Kent previously served as a Managing Director at Moelis & Company and Credit Suisse where he advised corporate clients including the Walt Disney Company, Euro Disney SCA, Sony Entertainment, Penton Media, Media Rights Capital, Pixar Entertainment and Scripps Networks.
Mr. Thurlow is also the Chief Operating Officer for RBC U.S. Holdings LLC, RBC’s U.S. Intermediate Holding Company (IHC) in which he works closely with the IHC CEO and all U.S. business leaders in driving collaboration opportunities across our U.S. operations. Prior to RBC, Vito was most recently Managing Director and Head of Software M&A coverage for CIBC World Markets in New York, where he worked across the defense, consumer, business services and technology sectors. He is responsible for the bank’s overall M&A effort across all industry sectors. Prior to joining RBC in October 2016, Mr. Van der Voort was for more than 20 years with Credit Suisse, where he notable established the Hedge Fund Investment Banking business in New York in 2011. He is on the board of the California Chamber of Commerce and served on the Executive Board in 2013, Chairs the Audit and Finance Committee at St James’ Episcopal School and is currently involved in the Los Angeles Area Council for the Boy Scouts of America. Kent is a widely recognized expert in complex advisory, financing and out-of-court restructuring transactions with almost 30 years of experience.
Q: What separates your book from the many others on investment banking out there?
- Our first edition was also released during a global financial crisis in Spring 2009, which actually turned out to mark the start of the next decade’s historic bull run.
- When junior bankers suffer health emergencies, it’s become standard practice to seek out managing directors (MDs) to blame.
- As the Head of CFG, Daniel is responsible for overseeing a global secured financing business which delivers balance sheet solutions to its clients as well as managing investment and market making strategies.
- Prior to joining the Royal Bank of Canada, he had been active principally in the fields of banking, politics and law.
- We, however, decided to focus on the investment banking technical skillset.
In her role, Patti oversees a team of approximately 600 professionals globally who specialize in lending, trading credit, loan portfolio management and transaction banking for our corporate and institutional clients. Joshua Rosenbaum is a seasoned finance professional with extensive experience in investment banking, particularly in the industrials sector. Vito has over 27 years of investment banking experience, during which he has advised on over 150 transactions with a combined value exceeding $100 billion. To date, Kent has worked on over $250 billion of financing assignments across a broad range of products including leverage finance, equity, investment grade and film/content financing, and in excess of $150 billion of advisory work for clients in his career. Vito has over 30 years of investment banking experience and has advised on over 200 transactions valued at over $250 billion.
Is Clay better than Dex for relationship management?
He has significant experience across all aspects of investment banking including mergers and acquisitions, debt and equity financing, and he continues to provide senior coverage and advice to a number of the firm’s most significant clients. Michael serves as a senior ambassador of RBC Capital Markets, working closely with the investment banking team to build relationships with clients in Australia. With his comprehensive experience and reputable background, Joshua Rosenbaum is a notable figure in the finance and investment banking sector. As CFO he leads the Asia-Pacific finance team and oversees all finance services to the Asia-Pacific business platforms, including valuations, financial and product control, and performance management.
Boost your career
- Earlier in his career, he was involved in Equity Capital Markets executing initial public offerings and secondary equity offerings for clients across various industries.
- Sian joined RBC in August 2013 and has held a wide range of roles including Head of European Fixed Income and Currencies, Global Head of FX, and Head of Global Markets Europe.
- In this role, Bobby leads the firm’s end-to-end AI and digital innovation strategy to deliver transformative client solutions, drive scale and accelerate adoption across the firm to enable the Capital Markets business to compete in a digital world.
- Allison Szmulewicz is Chief Operating Officer of RBC Capital Markets with global responsibility for operations, transformation, as well as risk and control.
- Andrew has held progressively senior roles across GRM and RBC over his 20 years with the bank.
In this role, he was instrumental in the growth of our ten industry teams providing strong connectivity across sectors, products and European country teams, before assuming his current role of Head of Investment Banking, Europe and APAC in November 2022. He then held roles at Deutsche Bank and Rothschild before joining RBC in 2006 to lead our infrastructure, transport and utilities team in Australia. Andrew’s earlier roles in GRM included the oversight of all risks arising for Wealth Management businesses in the Americas. Bobby began his career at RBC as an energy trader in 1996 and has since held multiple senior roles across the organization. In this role, Bobby leads the firm’s end-to-end AI and digital innovation strategy to deliver transformative client solutions, drive scale and accelerate adoption across the firm to enable the Capital Markets business to compete in a digital world.
Experience & Education
Kent has spent much of his career advising media clients as well as West Coast based private equity clients. He is co-chair of his Harvard class and has served on the board of a number of public companies and philanthropic institutions, including the US board of Upper Canada College and the board of trustees of Horace Mann School in New York. He has worked on behalf of the Governments of Canada and Ontario regarding their investments in Chrysler and General Motors after the financial crisis and advised on the landmark privatizations of Telefonos de Mexico and Telstra of Australia. His experience spans all industries and geographies and includes some of the largest and most complex M&A, restructuring, equity and privatization deals.
He has also worked with most West Coast private equity clients including Oaktree Capital, Ares Capital, Leonard Green Partners and Aurora Capital. In her role, she oversees the Capital Markets platform, ensuring the delivery of a best-in-class experience for clients, while evolving constantly to meet business priorities and regulatory requirements in a dynamic and ever-changing environment. Acting as a strategic and trusted advisor to his clients, Vito leverages his considerable relationships and experience to help them achieve their business goals. She began her career in Investment Banking with RBC in Toronto and spent 10 years in various roles across equity markets at a global bank in London before returning to RBC. Sian has over 30 years of experience working in capital markets in the UK and APAC in a variety of management, sales, and distribution roles. Sian has considerable experience in delivering Global Markets products and solutions to a wide array of clients including corporates, pension funds and asset and wealth managers.
Jim Wolfe is Head of Global Investment Banking Capital Markets, overseeing the firm’s financing products across debt and equity in both the public and private markets. Before Citi, Allison managed the client marketing team at Lazard Frères Asset Management, where she created high volume client materials and played a key role in launching the firm’s first online client offering. Allison Szmulewicz is Chief Operating Officer of RBC Capital Markets with global responsibility for operations, transformation, as well as risk and control. He is an active leader of RBC’s community service programs, including serving as captain of RBC’s New York Race for the Kids and co-executive sponsor of RBC PRIDE USA. Vito is a member of RBC’s Global Capital Markets Operating Committee, U.S. Executive Committee, U.S. Regional Operating Committee and the board of RBC Capital Markets, LLC. Before joining RBCCM, Vito was a Managing Director and Head of Software M&A coverage for CIBC World Markets in New York, where he worked across the defense, consumer, business services, and technology sectors.
Morning Coffee: JPMorgan paid a 29-year-old $22m and she must pay $144m in return. M&A boom extends hiring optimism
He recently represented Statewide Mobility Partners, a consortium of investment funds, on the divestiture of Indiana Toll Roads, one of the largest infrastructure sales in US history. His clients over the years have included AerCap, AT&T, BAT, Charter Communications, Creative Artists Agency, Fiat Chrysler Automobiles, Hutchison Whampoa, Intel, Jabil, Juniper, Leucadia, Level 3, Microsoft, Mosaic, Sprint, Time Warner, TPG, Visteon and Vodafone. In his 30 years on Wall Street, he has advised clients on nearly $1 trillion of completed transactions.
View Joshua’s full experience
Allison brings over 20 years of experience from Citi, where she held various senior leadership roles spanning technology, operations and transformation. In addition to establishing and driving the strategy for our Global Investment Banking business, Matthew also manages RBC’s relationships with some of the largest and most active private equity firms in the world. He collaborates closely with RBCCM’s global business heads to develop, align, and execute business strategies for sustained growth across all of RBCCM’s businesses. Lindsay has over two decades of experience in capital markets, spanning trading floors across North America, Europe, Australia, and Asia. Today, Jonathan leads a team of close to 2,000 professionals within Global Markets, collectively comprised of Sales & Relationship Management, Digital Solutions & Client Insights, Central Funding, Equities, Spread, and Macro business lines.
As the Head of CFG, Daniel is responsible for overseeing a global secured financing business which delivers balance sheet solutions to its clients as well as managing investment and market making strategies. Trevor has significant experience working with directly with clients on a broad range of transactions, including mergers & acquisitions and debt and equity financing. Our essential guide was groundbreaking at the time, and quickly became the go-to book for students and career-changers looking to break into the investment banking industry. We, however, decided to focus on the investment banking technical skillset. He is a qualified Chartered Accountant with over 20 years’ experience in banking in London, New York, and Australia, having held roles with Price Waterhouse, Halifax plc, Banco Santander, and Lloyds International. His team handles structuring and executing private capital transactions including debt and equity private placements.
Prior to this, Manish held progressively senior roles with Citigroup, including as Chief Financial Officer of its Global Corporate and Investment Bank, where he applied a client centric mindset across financial controls, strategy, innovation and regulatory policies. Copyright © 2023 investmentbankingbook.com – All Rights Reserved Industrials banking teams can be particularly harsh places to work.
For example, 10 years ago, bankers at all levels spent inordinate amounts of time processing materials, known as “turning the book”.
