Private Equity Fund Eyes Options

  • 26 May 2003
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The recently launched Truk Opportunity Fund, a hedge fund specializing in private investments in public equity (PIPE), is likely to enter over-the-counter derivatives including options. Michael Fein, partner in New York, said the fund directly invests in small and mid-cap public companies through shares and convertible securities, which convert into common stock. Options and warrants will be bought and sold as a means of hedging these investments, he said.

Fein declined to specify the current assets of the fund, although said it expects to have USD150--200 million under management by year-end. Citigroup Global Markets is the prime broker, but the fund has not yet decided on derivatives counterparties. The fund has agreements with several firms in addition to Citigroup and may shop around to ensure best execution, Fein said.

 

  • 26 May 2003

All International Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 16 Jan 2017
1 Citi 22,118.13 61 9.00%
2 Barclays 20,987.41 55 8.54%
3 JPMorgan 17,406.75 53 7.08%
4 HSBC 16,333.52 48 6.64%
5 Goldman Sachs 15,454.74 49 6.29%

Bookrunners of All Syndicated Loans EMEA

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 17 Jan 2017
1 Commerzbank Group 114.00 1 66.16%
2 CaixaBank 37.05 1 21.50%
3 UniCredit 10.62 1 6.17%
3 BNP Paribas 10.62 1 6.17%
Subtotal 172.30 3 100.00%

Bookrunners of all EMEA ECM Issuance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 17 Jan 2017
1 SG Corporate & Investment Banking 770.06 2 16.80%
2 Goldman Sachs 656.16 2 14.32%
3 JPMorgan 527.28 4 11.50%
4 Emirates NBD PJSC 408.38 1 8.91%
5 Deutsche Bank 321.53 3 7.01%