John Laing portfolio bids in; ECM wins in first half; Allens’ new PE partners

Just like that, another financial year is in the rear-view mirror. And what a 12-month period it's been - from the heady days of July 2019 when the market recovered all its GFC losses, to a pandemic-induced crash that took hold with frightening speed.

That crash triggered an avalanche of equity raisings worth $22 billion as companies rushed to restock balance sheets in the face of COVID-19, keeping bankers in equity capital markets busy.

Tonight, we take stock of how the bankers have done and tally up the ECM league tables for the first six months of 2020. Leading the charge are Macquarie, JPMorgan and Goldman Sachs.

Elsewhere, we've got an update on which players lobbed indicative bids for John Laing's stakes in a bunch of Aussie renewable energy projects.

Finally, there's a host of new private equity partners at law firm Allens, and KKR has got the team back together for its pursuit of MLC Wealth.

Happy reading,

Sarah Thompson, Anthony Macdonald and Tim Boyd

Street Talk Editors