PanMar has a lengthy record of successful investment banking transactions and a wealth of relationships in the financial services industry, particularly in the asset management sector. Our transaction experience covers a unique cross-section of strategic advisory and capital markets activities, combined with the structuring and distribution of investment funds and permanent capital vehicles.
The breadth and depth of this experience provides us valuable insight into the constantly evolving financial services industry and the strategic implications for our portfolio companies and clients, as well as the ability to advise on current financial, managerial, operational and investment product issues.
Capital Raising
While at UBS and PaineWebber, Oscar Junquera and his team pioneered multiple structural and marketing innovations through the launch of over 200 investment funds and permanent capital vehicles with exposure to a wide variety of asset classes. These funds raised in excess of $100 billion in assets on behalf of leading investment management companies in the US, UK, Europe and Asia. PanMar has unique expertise in product development and distribution, including the legal and regulatory issues involved in structuring closed-end, interval and mutual funds, investment trusts, ETFs, BDCs, UITs, SPACs, LPs, mortgage, finance and equity REITs.
Selected investment fund transactions by asset class, regulatory or offering structure include the following:
$2.1 billion
Initial Public Offering
(NYSE)
Strategic Total Return Fund
$460 million
Initial Public Offering
(NYSE)
Global Floating Rate Income Trust
$930 million
Initial Public Offering
(Nasdaq)
Apollo Investment Corporation
$365 million
Initial Public Offering
(NYSE)
Scudder Global Commodities
Stock Fund
$900 million
Initial Public Offering
(NYSE)
Nicholas-Applegate Convertible
and Income Fund
$5.5 billion
Initial Public Offering
(NYSE)
Tax-Managed Global Diversified Equity Income Fund
$120 million
Initial Public Offering
(NYSE)
France Growth Fund
$101 million
Initial Public Offering
(NYSE)
Greater China Fund
$615 million
Initial Public Offering
(NYSE)
Emerging Markets Income Fund
$665 million
Initial Public Offering
(NYSE)
Global Energy and Resources Trust
$1.4 billion
Initial Public Offering
(NYSE)
Tax-Advantaged Global Equity Income Fund
$300 million
Initial Public Offering
(NYSE)
Global Health Sciences Fund
€1.5 billion
Initial Public Offering
(Euronext)
MW Tops Limited
$360 million
Initial Public Offering
(NYSE)
High Income Trust
£250 million
Initial Public Offering
(LSE)
Infrastructure Company Ltd.
$792 million
Initial Launch of Interval Fund
(Unlisted)
New Technologies Fund II, Inc.
$2.1 billion
Initial Public Offerings (NYSE)
and APS Offerings
Municipal Income Fund II Series
$1.4 billion
Initial Public Offering (NYSE)
and APS Offering
Income Advantage Fund
$369 million
Initial Public Offering
(NYSE)
Limited Duration Income Trust
$750 million
Initial Public Offering
(NYSE)
MLP Investment Company
$675 million
Common Stock Follow-on Offering
(NYSE)
Annaly Capital Management, Inc.
$675 million
Initial Public Offering
(NYSE)
Preferred Income Fund III
$5.0 billion
Initial Public Offering
(Euronext)
KKR Private Equity Investors LP
$1.1 billion
Initial Public Offering
(NYSE)
Global Privatization Fund
£75 million
Initial Public Offering
(AIM)
Rutley European Property Trust
$1.4 billion
Initial Public Offering
(NYSE)
Clarion Global Real Estate
Income Fund
$103 million
Non-transferable Rights Offerings
(NYSE)
Latin American Investment Fund and Latin American Equity Fund
$137 million
Subscription Rights Offering
Initial Launch of
Open-End Mutual Fund
Newport Greater China Fund
$74 million
Transferrable Rights Offering
(NYSE)
Japan Smaller Capitalization Fund
$64 million
Initial Public Offering
(NYSE)
OTC Micro-Cap Fund
$300 million
Common Stock and Warrant
Units Offering
(AMEX)
Marathon Acquisition Corp.
£200 million
Dual Class Share Offering
(LSE)
Split Capital Trust PLC
$825 million
Initial Public Offering
(NYSE)
Select Utility Fund