News Round Up: January 9

 Craigs Investment Partners and Deutsche Bank have been named Best Investment Bank - New Zealand by FinanceAsia Magazine.

“The strategic alliance formed between Craigs and Deutsche Bank (in 2010) is paying dividends for its partners, and also benefitting New Zealand’s issuers with its local expertise and global reach.”

Deutsche took a 49.9% stake in Craigs in mid 2010. Since then they have offered a full range of investment banking services to New Zealand clients. The firms have worked across the major transactions in the New Zealand market across both equity and debt capital markets and have completed a number of important advisory mandates for New Zealand corporates.

The firms worked on the largest initial public offerings - TradeMe and Summerset, as well as Contact Energy’s follow-on offering and the largest block-trade in the market for Ryman. In debt markets where the firms hold the number one position, they joint lead managed Contact Energy, IAG and Air New Zealand’s offerings as well as Genesis Power’s 100% equity-credit capital bonds. The Craigs Investment Partners network distributed more equities and debt than any other Investment Bank in New Zealand.