In an LBO transaction, attention often focuses on the structuring of the debt, the negotiation of the acquisition price, or the performance expected by the investment fund. Yet one actor plays an absolutely decisive role in the success of the transaction: CFO.
Why are some IPOs successes… and others disappointments?
Each year, the markets welcome new companies through initial public offerings (IPOs). Some quickly become benchmarks, displaying strong demand and solid stock market performance. Others, despite being supported by prestigious banks and well-known investors, disappoint a few months after listing.
Private equity is often summarized as a simple financial mechanism: buying a company with debt, improving its performance, then reselling it at a gain. This vision. While debt plays a role in amplifying returns, it has long ceased to be the primary driver of fund performance.
The different roles on a trading floor: understanding the functions and dynamics
The trading floor fascinates as much as it intrigues. Multiple screens, continuous information flows, rapid decisions and significant financial stakes: the environment is demanding and highly technical. Yet behind the sometimes caricatured image of the solitary trader lies a structured organization.
Why the best investment bankers are not always the best investors
In the collective imagination, excellence in investment banking constitutes an ideal preparation for the profession of investor. Bankers advise on the largest transactions, master complex financial models and operate at the heart of strategic decisions.
The RSB Master in International Finance: synonymous with excellence
Discover in this article a complete overview of RSB's prestigious Master in International Finance: teaching methods, international opportunities, career prospects, and more.
The psychology of executives in mergers and acquisitions: why some transactions fail despite strong numbers
At first glance, a merger or acquisition transaction is based on rational elements: quantified synergies, robust financial models, detailed strategic analyses. Yet the history of the markets is full of transactions whose fundamentals appeared irreproachable, but failed later.