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Macquarie appoints Antony Isaacs to lead European ECM
London, 29 April 2009
Key appointment extends the build-out of ECM and cash equities
Combining structuring and underwriting capability with leading global research and distribution platform
Leveraging Macquarie's balance sheet strength for the benefit of corporate clients
Macquarie Capital today announces the appointment of Antony Isaacs to head its Equity Capital Markets (ECM) team in Europe.
Most recently Head of UK ECM at Credit Suisse, Antony has more than 15 years' experience in capital markets. While at Credit Suisse, Antony led many of the firm's most high profile deals including equity linked transactions for France Telecom, BP and the Greek Government, IPOs for QinetiQ, Debenhams, Moneysupermarket.com, Petrofac and rights issues and follow-ons for Centrica, Barclays and Kazakhmys.
Antony joins Macquarie's global ECM team of approximately 100 executives across the UK and Europe, the US, Australia, Asia and South Africa. Working closely with Macquarie Securities Group, clients benefit from the combination of ECM's structuring, underwriting, equity raising and advisory expertise and the outstanding research and global distribution capabilities of Macquarie Securities' institutional stock broking business.
"We are delighted to have Antony on board and to have secured someone of his calibre to head Macquarie's ECM business in Europe," said Andrew Hunter, Head of Macquarie's European operations. "Antony's appointment is a vital step in developing Macquarie's European ECM and cash equities business and follows a number of key appointments in the UK, Europe and the United States."
Macquarie's balance sheet strength has allowed it to continue providing underwriting support to the capital raising transactions of its clients. In the year to 31 March 2009 Macquarie raised over GBP 5 billion for its clients, and in the first quarter of 2009 was ranked 10th globally for ECM and 7th globally for initial public offers .
Antony will be working closely with Macquarie Securities' European Equity business, which has been grown organically over the past 12 months. With nine sector based research teams, plus commodity and quantitative research, Macquarie now covers c. 35% of European market capitalisation. With specialist European sales forces established in London and New York, they are a growing part of one of the largest dedicated distribution platforms for institutional equities in the world - Macquarie Securities globally has more than 350 equity research analysts and more than 250 sales and sales trading staff covering 1,690 stocks, with membership of 23 exchanges serving clients in 26 financial centres.
"The enhanced European ECM and Securities teams are in a great position to leverage Macquarie's balance sheet strength and deliver global support to UK and European corporate clients," said Andrew Hunter.