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Lead Arranger
(redirected from Syndicate Managers)

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Lead arranger
The senior tier of arranger

Lead Arranger
In investment banking, an underwriting firm that leads a syndicate. A syndicate is a group of underwriters responsible for placing a new issue of a security with investors. Every syndicate is a temporary arrangement. The lead arranger assigns parts of the new issue to other underwriters for placement and usually takes the largest part itself. It is also called a managing underwriter or a syndicate manager or, less formally, a book runner.


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As well as claiming that Stewart breached his duty of care, the shareholders allege that syndicate managers Sire Custodians failed to act in their best interests.
Since the objective is to assure banking syndicate members have the same opportunities as a large public corporate treasury unit, the banking syndicate managers will need the wherewithal to benchmark their operations.
Graham Stacey, one of Harris's syndicate managers, said: "The horse got a kick back in May and then the ground was too fast for him in the summer - but conditions were ideal for him today.
 
 
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