Societe Generale expansion
French-based Societe Generale has moved to expand its Acquisition and Leveraged Finance business in the Asia-Pacific with the creation of a Sydney-based team led by Steve Zuckerman.
The company said that the three-man Sydney team would complement its 12 acquisition and leveraged financial professionals currently covering the Asia-Pacific out of the bank’s Hong Kong Office.
The company said the creation of the team in Australia would enable it to pursue mandates to provide debt arranging, underwriting and bookrunning services to private equity firms and corporate clients in Australia and New Zealand.
It said this would capitalise on Societe Generale Corporate and Investment Banking’s leading presence in the region in other debt products such as project finance, mining finance, asset-based finance and securitisation.
Zuckerman joins Societe Generale from Barclays Capital where he spent the past four years as director and head of global loans, Australia and New Zealand.
Recommended for you
Insignia Financial has announced the status of the two private equity bidders as due diligence comes to an end, with one bidder opting to pull out.
The corporate regulator has cancelled the AFSL of a Queensland-based financial services provider, having held the licence since mid-2016.
The financial advice industry has reacted to the appointment of Dr Daniel Mulino as the new Minister for Financial Services, with hopes for improvements in legislation and education standards.
With less than one-third of Australian business owners seeing an adviser, Business Health has detailed how advice practices can successfully target this underserved client segment.