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Mark Gray

Managing Director - Global Corporate Finance

US and Americas
Tom Marshella
Managing Director - US/Americas Corporate Finance

Paloma San Valentin
Managing Director - US/Americas Corporate Finance


Myriam Durand
Managing Director- EMEA Corporate Finance

Philipp Lotter
Managing Director- EMEA Corporate Finance

Asia Pacific

Brian Cahill
Managing Director - Asia Pacific Corporates/Financial Institutions​​​​



Research and analysis on public companies and their debt instruments.



  • 14 Dec 2018
    • Global manufacturing outlook stable for 2019
      Although industry EBITDA will rise 4% over the next 12 to 18 months, earnings growth is slowing across most manufacturing sectors. Higher input costs and continued trade tensions will pressure global supply chains in 2019.  Full Report
    • Growth in PE-owned software companies likely to continue
      The number of rated private-equity-owned software companies has grown from essentially none in the early 2000s to nearly 80 today. Software companies will likely remain a prime target for PE firms due to their recurring revenues, limited capex and significant cash-generating capabilities. Full Report​​
  • 13 Dec 2018
    • Slowing global GDP growth, raw material and commodity price increases to weigh on some consumer sectors in 2019
      Global consumer packaged goods and US consumer durables’ 2019 positive outlooks are underpinned by strong EBIT growth of 4.5%-5.5%, as cost-cutting drives earnings growth. The outlook for global beverages is stable, with single-digit growth likely in 2019 amid subdued conditions in both the emerging and the developed markets. The US packaged foods outlook is stable amid slowing operating profit and higher costs, but cash flow that remains strong. Full Report​​​
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