syndicate manager

Syndicate manager

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.

syndicate manager

A major underwriting firm that forms a syndicate in order to distribute a security issue to the public. The manager allocates the securities among other firms in the group but is itself generally responsible for the largest share of the issue.
References in periodicals archive ?
With the move, Hannover Re has gained a Lloyds syndicate manager in Argenta Syndicate Management, a private capital manager that helps investors access the Lloyds market in Argenta Private Capital, and also a pro-rata share of Lloyds syndicate Argenta Syndicate 2121.
In syndicated loan, syndicate manager receive a mandate from a borrower to arrange a syndicated loan.
Syndicate manager George Godsman said: "We started in 2005 with just one horse, we've now had to cap membership and everyone is pretty much local to Perth.
Paul Costello, syndicate manager for his owners, the Imperial Racing Partnership, said: "Imperial Leader will be running in the EBF Final before hopefully heading to the Festival.
PA) (LSE: BNP) (OTC: BNPQY), has said that it has named Stan Hartman as high yield syndicate manager on the bank's Global Debt Capital Markets Syndicate team.
A debt syndicate manager at a European bank based in London told Reuters, "We haven't heard anything about an Iranian issue and I would be doubtful that many people can buy Iranian debt.
Owner and syndicate manager Henry Ponsonby sees Saturday's Doncaster totescoop6 November Handicap as an ideal opportunity for The Betchworth Kid, who proved a liking for Town Moor when winning a competitive event at the St Leger meeting in September.
Syndicate manager Kevin Tyrrell, said: "We have the horse, we have the trainer - Patrick Chamings - and we also have the famous black & white Newcastle striped silks to run in, but the powers that be have determined we can't have the name.
Acting as the syndicate manager for BBK and Ahli United Bank, the BIsB arranged the 18-month syndicated Islamic finance in support of the business of Tameer, a major real estate company in Bahrain listed on both Bahrain and Kuwait exchanges.
Syndicate manager Phil Harrhy said: "I'm completely shell-shocked.
The six-times champion is accused with five others, including racing syndicate manager Miles Rodgers, of plotting to make 27 horses lose in order to win money on bets laid on Betfair.
For purposes of this article, refer to that Single organization as a banking syndicate and the treasury professional who manages the activity as a banking syndicate manager.

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