International Corporate Finance

INTERNATIONAL CORPORATE FINANCE RANKINGS

RANKING METHODOLOGIES

Performance Evaluation Criteria for Investment Banks:

• Activity of a Bank as measured by its deal count


• Quality of Deals based on complexity and average size
  of transactions


• Quality of Participation based on the type of advisory role
  taken by the Firm


• Long-term Performance as measured by cumulative
  value of deals advised on during the last three years


• Success rate (Governance) based on the ratio of deals
  closed to deals announced


• Performance in the current year compared to the previous
  two years as measured by cumulative deal values


• Impact of new senior talent addition or change in key advisors


• Recommendation by peers and industry experts

Performance Evaluation Criteria for Private Equity Firms:

• Activity of a Firm as measured by its number of buyouts
  and/or exits


• Quality of Investments based on type and average
  size of transactions


• Return on Investment based on weighted average IRR
  of funds raised over the last 10 years


• Value Creation based on the weighted average multiple
  of funds raised over the last 10 years


• Investor Confidence as measured by the cumulative value
  of funds raised over the last 10 years


• Diversification / Risk reduction based on investment
  in more than one sector and/or geography


• Impact of new senior talent addition or change in key partners


• Recommendation by peers and industry experts

Data sources and tools used for establishing rankings:

• Data from Merger Market


• Data from Preqin


• Data from PEI (Private Equity International)


• Questionnaires & submission forms


• Interviews with industry experts


• Information on management from Bloomberg, Reuters,
  Financial Times, ZoomInfo and Company Websites

Size Categories:

• Large cap: $500 million or above


• Mid cap: $100 million and $500 million


• Small cap: less th an $100 million

LAW FIRMS

The criteria are:

• Recognition & reputation of the firm in its market


• Team size, seniority of partners (or executive officers,
  managing directors, etc.), managing director, chief executive...,
  education & training level of the associates
  (or consultants, investment managers, etc.)


• Volume, nature and quality of the cases dealt by the firm


• Prestige, diversity and internationalization of the firm’s
  client base


• Team expansion and revenue generated by the activity
  considered in the ranking

Rankings are established with the following tools:

• Submission form procedure:
  We send questionnaires & submission forms to the structure
  already included in Leaders League rankings and to others
  likely to be included. They are, in particular, invited to provide
  information on their organization, their client bases, their track
  record and their market.


• Qualitative procedure:
  To supplement the questionnaires, Leaders League teams
  conduct a large number of interviews, which enable us not
  only to learn more about the firm included in our listings, but
  also to assess the dynamism of the market. Analysts and
  market researchers also have meetings with a large number of
  companies’ executives (private companies, funds, banks) who
  have the opportunity to comment and provide fresh intelligence
  on the market and on the advisors they are soliciting.

INVESTMENT BANKS & PRIVATE EQUITY FIRMS