A lot of people are going to get rich(er) at this tiny Wall Street firm
The firm has landed roles on some of the biggest deals of the year, and is lead adviser to General Electric on its big deal with Baker Hughes.
The firm has long had a relationship with GE, with partners Adam Beshara, Anthony Kim and David Cohen all advising the industrial giant on various asset sales in the past.
That role on the GE transaction follows a big week last week, where Centerview was named as an adviser on British American Tobacco's $47 billion bid for Reynolds American, and as an adviser to the board of Qualcomm on its $47 billion deal for NXP.
The firm hauled in more than $300 million in revenue from M&A deals in the US in the first nine months of the year, according to estimates from Dealogic. That was good enough for eighth in the revenue rankings, narrowly behind Credit Suisse and ahead of the likes of Jefferies, Deutsche Bank, Lazard and UBS.
To put that into context, Centerview lists 34 partners on its website. That works out at close to $1o million in revenue per partner for the first nine months of the year. And that figure doesn't include any fees that come from the GE, British American Tobacco and Qualcomm transactions.
- 6 reasons why you should visit Ladakh this summer
- TVS iQube gets a new variant priced under ₹1 lakh, ST variant gets a bigger battery
- As English players begin their premature IPL exodus, Gavaskar calls for action against England Cricket Board
- Top 10 destinations for river rafting in India in 2024
- Should you enrol your child in an online university like IGNOU?
- Nothing Phone (2a) blue edition launched
- JNK India IPO allotment date
- JioCinema New Plans
- Realme Narzo 70 Launched
- Apple Let Loose event
- Elon Musk Apology
- RIL cash flows
- Charlie Munger
- Feedbank IPO allotment
- Tata IPO allotment
- Most generous retirement plans
- Broadcom lays off
- Cibil Score vs Cibil Report
- Birla and Bajaj in top Richest
- Nestle Sept 2023 report
- India Equity Market