syndicate manager

Syndicate manager

Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

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.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.
References in periodicals archive ?
Nephila's Syndicate 2357, which is backed by funds managed by Nephila, has been managed by Asta, the third party syndicate manager at Lloyd's, since its inception in 2013.
This time ridden by Kevin Stott, the bay filly is owned by Hambleton Racing and syndicate manager Cosmo Charlton said: "She's well bred and shaped with a lot of promise on her first two starts, so we thought she was the one to beat.
"It is really great to be an 'old Newton' winning the Old Newton." Middleham's syndicate manager Mike Prince revealed that Tawdeea's chief objective had been next week's John Smith's Cup at York.
In syndicated loan, syndicate manager receive a mandate from a borrower to arrange a syndicated loan.
Fergie is on a promotional tour of the States with Manchester United and is "gutted" to be missing Saturday's showpiece at Ascot according to his syndicate manager Harry Herbert.
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 owners Our Friends In The North, said: "He worked on Tuesday and was not right.
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.
BNP Paribas Corporate & Investment Banking, a unit of BNP Paribas SA (BNPP.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.
It's a big syndicate manager's dream to have a horse like Harbinger, who will hopefully be lining up for Europe's greatest midsummer spectacle."
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.

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