You have 1 free article left this month.
Become a Premium Member to enjoy a wide range of benefits.
You have 1 free article left this month.

Lawyers Weekly - legal news for Australian lawyers

Powered by MOMENTUM MEDIA
lawyers weekly logo
Big Law

Bakers land plum role on capital raising

Baker & McKenzie and a Sydney corporate boutique were the two leading firms on an $80 million IPO.

June 28, 2014 By Digital
Bakers land plum role on capital raising
expand image

 

Firms: Baker & McKenzie (Elanor Investments Group); Greenwich Legal (Moelis Australia Advisory)

Deal: Elanor Investors Group on its initial public offering of securities in Elanor Investment Limited and Elanor Investment Fund

Value: $80 million

Area: Capital Markets

Key Players: Thirty-year partner Steven Glanz (pictured) led the Bakers team, with assistance from senior associates Kane Barnett, Stratos Karousos and graduate at law David Gibson. Greenwich Legal acted for the lead managers and underwriters, Moelis Australia Advisory. Moss Capital chief executive and former Lehman Brothers head Glenn Willis will head up Elanor, with Bill Moss, the former head of property at the Macquarie Group, being a non-executive director

Deal Significance: Elanor has flagged that it intends to use the cash from the raising to expand and acquire further funds management businesses. Working capital will also be provided to Elanor. “We were delighted to be instructed by Elanor on its IPO,” said Glanz.

Tags
Comments (0)
    Avatar
    Attach images by dragging & dropping or by selecting them.
    The maximum file size for uploads is MB. Only files are allowed.
     
    The maximum number of 3 allowed files to upload has been reached. If you want to upload more files you have to delete one of the existing uploaded files first.
    The maximum number of 3 allowed files to upload has been reached. If you want to upload more files you have to delete one of the existing uploaded files first.
    Posting as
    You need to be a member to post comments. Become a member today
    Got a tip for us?
    If you have any news tips or stories to share, feel free to send them our way.
    Momentum Media Logo
    Most Innovative Company