Archive for month: March, 2022

Over the past 26 years, Jim has completed transactions of all sizes across the full spectrum of industry sectors. In this role, Mr. Kachenoura has global oversight of all aspects of client coverage for traditional cash equities and equity derivatives including sales and trading, origination, new issue distribution, risk management and research, as well as electronic trading. JOSHUA ROSENBAUM is a Managing Director and Head of the Industrials & Diversified Services Group at RBC Capital Markets. He is a frequent speaker on M&A, capital markets and investment banking, providing unique and timely insight on sector trends, valuation and outlook. Previously, he worked at UBS Investment Bank and the International Finance Corporation, the direct investment division of the World Bank. He received his AB from Harvard and his MBA with Baker Scholar honors from Harvard Business School.

He also has oversight for financial and performance management frameworks and policies for Capital Markets. Manish is a member of both the Capital Markets and CFO Group Operating Committees. David holds a BSc degree from Loughborough University in the UK and joined RBC Capital Markets in 1992 following periods at a UK domestic bank and a technology company. Since joining RBC, David has held a number of both global and regional mandates in Technology, Operations, Risk Management and Compliance. He is a member of the Corporate Partnerships Board for Great Ormond Street Hospital and is active in fundraising for the charity. David Thomas is the Chief Executive Officer of RBC Capital Markets Europe, responsible for leading all aspects of the business in the region, including strategy execution and effective governance.

Lindsay has two decades experience in investment banking, spanning trading floors across North America, Europe, Australia and Asia. Returning to Toronto, she rejoined RBC Capital Markets as the Global ETF Strategist before launching the Sustainable Finance Group. Joshua Rosenbaum is a Managing Director and Head of the Industrials & Diversified Services Group at RBC Capital Markets. Now, over 10 years after the release of the first edition, the book is more relevant and topical than ever. The book has sold over 250,000 copies and is used in over 200 universities globally. It has become a go-to resource for investment banks, private equity, investment firms, and corporations undertaking M&A transactions, LBOs, IPOs, restructurings, and investment decisions.

Q: Why is investment banking so difficult to teach?

Derek has an active and longstanding commitment to philanthropy and giving back to the community. He has volunteered with a variety of charitable organizations including serving as a member of the Major Individual Giving campaign cabinet for the United Way of Toronto & York Region and is currently a board member of The Hospital for Sick Children Foundation. Derek Neldner is CEO and Group Head of RBC Capital Markets and is a member of RBC’s Group Executive.

He also serves as a member of the Advisory Board of the New Jersey City University School of Business and actively supports The Boys and Girls Club of Hudson County, both located in Jersey City. 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. Mr. Thurlow is also the Chief Operating Officer for RBC U.S. Holdings LLC, RBC’s U.S. Intermediate Holding Company in which he works closely with the IHC CEO and all U.S. business leaders in driving collaboration opportunities across our U.S. operations. Kent holds a BS in Economics from Brigham Young University and an MBA in Finance from the UCLA Anderson Graduate School of Management.

Carrie Cook is Co-Head of Canadian Investment Banking and is a member of the Capital Markets Operating Committee. Prior to her current role, she was RBC’s Global Head of Consumer and Retail Investment Banking. Carrie has more than 25 years of investment banking experience, and has been with RBC since 2011. Manish Bhandari is Senior Vice President and Chief Financial Officer of RBC Capital Markets. In his role, Manish leads the Finance teams for Capital Markets globally and has responsibility for providing strategic counsel to the business and its senior executive team, promoting a robust financial controls and management culture, and enabling long-term value creation.

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. In Finance and International Business from Pace University in New York, and his M.B.A in Finance from New York University’s Stern School of Business. 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.

Leadership

He has 25 years of capital markets experience with RBC, including roles in Toronto and Calgary in Investment Banking and Equity Capital Markets. Before taking on his current role he was Co-Head of Canadian Energy Investment Banking between 2014 and 2019. He is an executive member of RBC Capital Markets Canadian Diversity Leadership Council.

Derek joined RBC in 1995 and has held a broad array of responsibilities across the firm, and served as Global Head of Investment Banking prior to his current role. 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. Derek has also been a strong advocate for diversity and inclusion, including having co-chaired RBC Capital Markets’ Canadian Diversity Leadership Council. He shares responsibility for coverage of banking clients and prospects, including corporate finance industry groups, mergers and acquisitions, equity capital markets, leveraged finance, and loan and high-yield capital markets teams. Matthew is also responsible for managing RBC’s relationships with some of the largest and most active private equity firms in the world.

Josh has 24 years of investment banking experience, most recently at Goldman Sachs from 2004 to 2009 and before that at Merrill Lynch from 1993 to 2004. He has been responsible for the origination and execution of a significant number of transactions in a variety of industries, including for financial, consumer, telecommunication, healthcare and industrial companies. Mr. Kachenoura https://forexarena.net/ joined RBC Capital Markets in August 2012 as Head of EMEA Trading based in London. In August 2013, he moved to New York to become Head of Trading for GELP Americas and Local Head of the U.S. business before being promoted to Head of Global Equity-Linked Products. In 2018, he was appointed Co-Head of Global Equities and in 2021, he took over as the sole Head of Global Equities.

• She has held a number of senior roles at RBC including Head of FICC Europe and Global Head of FX.
• He is a member of the Corporate Partnerships Board for Great Ormond Street Hospital and is active in fundraising for the charity.
• Derek Neldner is CEO and Group Head of RBC Capital Markets and is a member of RBC’s Group Executive.
• Cam is on the board of the International Association of Credit Portfolio Managers and is a Chartered Financial Analyst.

Regional Operating Committees and he is a member of the firm’s Commitments Committee. The genesis for the original book stemmed from the authors’ personal experiences as students interviewing for investment banking positions. As they both independently went through the rigorous process, they realized that their classroom experiences were a step removed from how valuation and financial analysis were performed in real-world situations.

Investment Banking 101: Why the Fundamentals Still Matter

While the fundamentals haven’t changed, the environment must adapt to changing market developments and conditions. As a result, Rosenbaum and Pearl have updated their widely-adopted book accordingly, turning the latest edition into a unique and comprehensive training package. An essential, all-in-one guide to investment banking and valuation, complete with downloadable models – this new edition reflects valuable contributions from Nasdaq and the global law firm Latham & Watkins LLP plus access to the online valuation models and course.

In 2005 he relocated to the Bahamas to develop the firm’s Caribbean platform before being transferred back to New York in 2010. With Jonathan’s focus on digital transformation, he was recently named to the Advisory Board of the newly designed joshua rosenbaum rbc Smith’s Master of Financial Innovation & Technology program at Queen’s University. He also served as Chair of the Board of Trustees, and sat on the Board of Governors, for The Bishop Strachan School in Toronto from 2015 to 2021.

Mr. Kachenoura has a proven track record in building and managing businesses and has held various senior roles over the past two decades within Equity Derivatives in trading, sales, research and risk management. Troy is a champion for diversity-related initiatives at RBC and an active member of the community. Since 2009, he has served as the executive sponsor of RBC’s Advancement of Women in Leadership committee, a global leadership forum responsible for driving actions to improve representation of senior women at the bank.

Investment Banking: Valuation, LBOs, M&A, and IPOs (Book + Valuation Models), 3rd Edition

On his return to Australia in 2014, Michael chaired Macquarie’s Client Coverage Group with a broad sector focus and responsibility. His recent experience covers the Industrials, Healthcare, Technology, Real Estate, Infrastructure and FIG sectors. Dave also holds a number of UK board roles including CEO of RBC Europe Limited and Chairman of RBC Global Asset Management Limited.

In this role, Derek coordinates governance over the IHC’s regulatory, compliance, and business initiatives, and its communications with key stakeholders. 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. He spent 19 years with Macquarie in a number of senior roles and 15 years with Bankers Trust, which Macquarie acquired in 1999. Peter Buzzi is a Vice Chairman and Co-Head of RBC Capital Markets’ Global Mergers and Acquisitions group. Peter has recently advised, among others, Enbridge on its merger with Spectra Energy, Tim Horton’s on its sale to Burger King Worldwide, SNC-Lavalin on its sale of AltaLink to Berkshire Hathaway Energy and Shoppers Drug Mart on its sale to Loblaw’s. She sits on the firm’s Capital Markets Global Diversity Leadership Council, is a co-founder of RWomen, a global internal forum dedicated to fostering and developing female talent, and she chairs the Women in Capital Markets’ Advisory Council.

She has held a number of senior roles at RBC including Head of FICC Europe and Global Head of FX. He then held roles at Deutsche Bank and Rothschild before joining RBC in 2006 to lead our infrastructure, transport and utilities team in Australia. In 2012, he was appointed as Head of Investment Banking Asia-Pacific and then chief country officer Head for RBC Capital Markets Australia in 2015. Dominic Hudson leads our investment banking sector, product and country teams across Europe and APAC, and is a member of the RBC Capital Markets Operating Committee.

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. He has also worked with most West Coast private equity clients including Oaktree Capital, Ares Capital, Leonard Green Partners and Aurora Capital. Prior to Moelis & Company, Kent ran the highly successful Los Angeles Office at Credit Suisse from 2005 through 2011, and prior to Credit Suisse worked in the Los Angeles Office of Donaldson Lufkin & Jenrette. Dave holds a BSc degree from Loughborough University in the UK and joined RBC Capital Markets in 1992 following periods at a UK domestic bank and a technology company. Since joining RBC, he has held a number of both global and regional mandates in business, technology and functional areas across the firm.

Blair Wark is Chief Financial Officer for RBC in Asia-Pacific and Chief Operating Officer , RBC Capital Markets Asia-Pacific. 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. As COO, he oversees the regulatory obligations and business operations, and leads the functional, operational, and financial aspects of Capital Markets in the region. Blair is actively involved in regional diversity initiatives and is Chair of the Australia Diversity Council.