Investment Bankers

Let’s take a moment to focus on investment banking firms. These companies’ portfolio customers and potential customers come to the investment bankers in search of capital in the form of equity. Equity is expensive substantially more expensive in our current economic climate. According to Business Week, private equity firms raised only a third as much equity in ’09 as in ’08. This dearth of equity makes contract financing the perfect augmentation partner for the investment-banking firm.