Archive for July 2009

Role of Senior Lenders

Senior lenders are typically commercial banks or other institutional lending firms that provide senior debt to corporations for a variety of purposes.

Private Equity Firms to Register with the SEC

The recently launched Investment Adviser Act will require all Private Equity firms and other similar entities managing assets greater than $30 million to register with the Securities and Exchange Commission (SEC) as of June 2009.

M&A Advisory Fee Structure

Merger & Acquisition advisory firms, also referred to as investment banks, retain new clients with a negotiable engagement letter that outlines the services to be provided, the fee structure and other general terms of agreement. This article presents an overview of the three most common components of an M&A advisor’s fee structure:

Retainer fee
Success [...]