Awards for Excellence 2019
It might not have the biggest balance sheet, or a huge flow debt capital markets franchise, but year after year Goldman Sachs finds itself at the centre of the most important transactions in the world. It defines the key fundraising trends, and this year it is our choice as the world’s best bank for financing.
For the period under review for the global awards categories, the bank ranked first in public equity and equity-linked tables. But it also wrapped up 13 equity private placements and six PIPE (private investment in public equity) transactions, raising a total of $9 billion in private capital.
If we are now in the midst of an IPO super cycle, as some bankers like to say, then Goldman is firmly at the centre of it. It led nine of the 10 biggest deals globally, more than any other firm. It was the sole international bank to be a sponsor for the $7.5 billion IPO of China Tower, at the time the biggest in the world since 2015.