C Thomas Richardson

Smaller banks more dependent on the yield curve have a greater need for swaps in the tool kit. Floating-->Fixed / Uncertainty-->Certainty + Improved NIM #SwapsOnMainStreet

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As the No. 1 leader in fairness opinions in the U.S. for 2024 according to LSEG, Kroll is here to provide the best in independent financial opinions. Learn how our opinions practice helps boards of directors and special committees fulfill their fiduciary responsibilities when considering many corporate transactions: http://ms.spr.ly/6049oC6tz

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Today, Constellation announced its agreement to acquire Calpine Corporation.   This acquisition will establish Constellation as the largest power generator and retail business in the U.S., boasting significant geographic and technological diversity.   Congratulations to Constellation on this announcement and to our Power, Energy & Infrastructure team at Lazard for their work as financial advisor on the deal - Gregory Hort, Li Wynn Tan, Kevin Chi, Breno Torres, Franco Galvez Biggs, Michael Corey, Vivek Pratap Singh and Daniel Lee. Click here to read the full press release: https://lnkd.in/gxenRj28

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Congratulations to CleanFiber's CEO, Jonathan Strimling for earning the well-deserved 2024 Entrepreneur of the Year Award in New Hampshire! I have learned so much working alongside Jon in the past year to secure CleanFiber's Series B fundraising round, apply for various grants, and explore areas of strategic growth for the business. He is truly one of the most impressive entrepreneurs I have ever met. Drawing on my investment background, there are certain things investors typically look for in a founder/CEO - I look for some of the same things whether I'm looking to invest in, evaluate or join a company - tenacity, drive, grit, emotional intelligence, strategic vision, knowing when to get "in the weeds" and when to keep things high level. Jon has all of those. But working alongside him, I have come to really admire and appreciate the importance of two more traits in particular that a typical investor wouldn't see during a pitch -- two that are actually critical to running a successful business that's growing as rapidly as CleanFiber. 1) Mastery of context switching, and 2) the ability to build coalition. Jon is able to context switch extremely effectively - he is able to shift gears from an in-depth engineering discussion, to people management, to sales, to unit economics, to preparing for Board discussions faster than anyone else I've ever worked with. Most importantly, he is able to do this fully and presently, dealing with each new problem set anew, and without context hangover. As far as coalition-building goes, I believe this is an under-appreciated skill in an era where we idolize visionary founders who pay a social price for their genius (think Steve Jobs, Elon Musk). I've met many aspiring entrepreneurs who will never build great companies if they can't figure out how to get a team, a Board, and an investor base excited and on board. Not just on board, but actively rowing alongside in the same direction. If you are a founder or a CEO, it's not enough to create, think strategically or act massively. You must practice articulating your vision to others in a way that resonates. You must spark positivity and excitement in your team, provide clarity, and relentlessly confront and remove roadblocks. For this and so much more, Jon certainly has earned this award, and I'm honored to be learning alongside him! https://lnkd.in/gyG_rBwY

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The US has been dominating stock markets for at least the past decade. The latest selloff in US equities, however, has raised the big question: Can it continue its market leadership? Here’s why Portfolio Manager Rob Lovelace is not counting the US out just yet. Discover more insights on the future of global equities in our webinar. For professional investors: https://bit.ly/3TawRUc

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Our Health Care, Financial Services and Manufacturing and Distribution leaders join me in discussing how market forces are affecting these industries.

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Check out our quick read on the ENT & Allergy M&A market.

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The SEC’s recent adoption of the U.S. Treasury central clearing mandate will create significant technological impacts for market participants. Our latest insight explores how investing in the right technology can transform a compliance exercise into a strategic opportunity. https://go.ey.com/3VFXqBN #EYInsights #CentralClearing #USTreasury #TechAdvantage

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Moelis is pleased to act as Exclusive Financial Advisor to IHS Towers, one of the largest independent owners, operators, and developers of shared communications infrastructure in the world by tower count, on its $230 million sale of IHS Kuwait to Zain Group. #DealAdvisory Press release: https://bit.ly/3VtThRw

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Starting yields, potential rate cuts and a return to contrasting performance for stocks and bonds could mean an attractive environment for fixed income in 2024. https://lnkd.in/ezgsZrTh ​

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This segment kicks off with Jim Cramer and David Faber suggesting it would be great if Jon Gray could join them on CNBC every day. I can understand why. So much here. Great real-time macro insights gleaned from our vast investment portfolios across asset classes, how tighter spreads and lower borrowing costs can spur investment activity, Blackstone investing before the all clear sign and really digging in to data centers, “the highway system of the 21st century”. Love it — watch the full clip: https://bit.ly/3AsabIw

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Another successful transaction completed by Benchmark International! We are proud to have played a key role in connecting Disturbia with Refined Capital Partners. Learn more about it on our insights page. https://lnkd.in/exDcCqUY #BenchmarkInternational #DealCompletions #SellSide #StrategicSeller #MergersAndAcquisitions #DealCompletion #MakeADeal #Success #Mergers #Acquisitions #SuccessfulTransaction 

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Come join our Market Update today at 1:30pm EST! On the call we will review many of the key economic and market indicators that we use on a daily basis to find clarity amidst confusion.

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