Craigs Investment Partners and Deutsche Bank AG (XETRA: DBKGn.DE / NYSE: DB) have been named Best Investment Bank - New Zealand by FinanceAsia Magazine.
In awarding Deutsche Bank and Craigs Investment Partners the ‘Best Investment Bank – New Zealand’ title, the FinanceAsia editors said, “The strategic alliance formed between Craigs Investment Partners and Deutsche Bank last year is paying dividends for its partners, and also benefitting New Zealand’s issuers with its local expertise and global reach.”
Since forming a strategic alliance via Deutsche Bank’s acquisition of a 49.9% stake in Craigs Investment Partners in mid 2010, Deutsche Bank and Craigs Investment Partners have together offered a full range of investment banking services to New Zealand clients. The firms have worked across the major transactions in the New Zealand market across both equity and debt capital markets and have completed a number of important advisory mandates for New Zealand corporates.
Brett Shepherd, CEO of Deutsche Bank in New Zealand said, “Winning this award jointly with Craigs Investment Partners is a testament to the strength of our local and global alliance. We have proven that our unique model provides seamless execution for clients across New Zealand’s capital markets and our corporate advisory mandates continue to be successful for our clients.”
Frank Aldridge, Managing Director of Craigs Investment Partners said, “To win this award is a great endorsement so early in our alliance with Deutsche Bank. The opportunity to leverage the strengths of both our businesses within the New Zealand capital markets has proven to be a success. This combined with our significant presence in Private Wealth services in New Zealand provides a compelling proposition for our corporate clients.
As the leading investment bank in equity capital markets, the firms worked on the largest initial public offerings - TradeMe and Summerset, as well as Contact Energy’s follow-on offering and the largest block-trade in the market for Ryman. In debt markets where the firms hold the number one position , they joint lead managed Contact Energy, IAG and Air New Zealand’s offerings as well as Genesis Power’s 100% equity-credit capital bonds. The Craigs Investment Partners network distributed more equities and debt than any other Investment Bank in New Zealand.
Meanwhile, the corporate advisory team successfully managed the sales process for South Canterbury Finance and a number of other key advisory mandates.
In addition to the Best Investment Bank award, Deutsche Bank and Craigs Investment Partners also won; Most Innovative Deal for the Origin Energy EUR 500m hybrid, Best Local Bond Deal for the Australian Office of Financial Management’s AUD 3.2 5billion 15-year treasury bond.
All media enquiries should be directed to:
Craigs Investment Partners
Kim Martin
Phone: +64 7 9277 980 / +64 21 277 9800
E kim.martin@craigsip.com
Deutsche Bank AG
Michelle Chaperon
Phone: +61 2 8258 1311 / +61 416 285 907
E-Mail: michelle.chaperon@db.com