CAL surpasses Rs. 100 b footprint in investment banking

Riding a wave of success over the past two years as the foremost force in investment banking, Capital Alliance (CAL) continues its reign as the market leader in Investment Banking services (Debt & Equity fund raising and Mergers & Acquisitions) with a transaction footprint of over LKR 100 Bn in the past 24 months. 

With a clear focus on family businesses since its inception, CAL has been able to create a unique proposition for family businesses across its service offerings. Its ability to understand and cater services across 1st generation, 2nd generation and multi-generational businesses has allowed the company to gain the trust of most of the leading family enterprises in the country. 

Across its investment banking verticals, CAL has dedicated itself for both business affairs of the family and in structuring unique investment products for family investors.

In debt markets, CAL set the benchmark for corporate debt fundraising in Sri Lanka, securing a c. 40% market share in listed debt in FY18, a position of market leadership which it continues to maintain as at YTD August 2019. Over this period, CAL has raised over LKR60 Bn for its clients commanding a c. 26% market share. Commenting on CAL’s product offerings, Head of Debt, Niyomi Pushpakumara said; “With extensive experience in debt structuring, and a strong reputation in the market, CAL is equipped to facilitate local and international funding opportunities with innovative financial instruments, tailor made to suit your requirement.”

In Mergers & Acquisitions, CAL advised clients on a variety of local and cross border transactions acting almost entirely on behalf of family businesses. Families of varying natures have trusted CAL to understand the nature of their companies and to either find the right home for their valued assets or to find business acquisitions that fit their value-system. The M&A team added c. LKR30 Bn in value to its clients during the past 2 years, securing a market leadership position amongst listed entities. Amongst its landmark transactions over the said period, CAL managed the largest foreign acquisition of a local listed company.

CAL’s involvement in a number of sectors including Education, Retail, Banking, NBFIs, Agriculture, Tourism, Education, Healthcare, Insurance, F&B, Manufacturing, Technology, Power Generation and Renewable Energy has equipped the company to suffuse a multi-dimensional approach in all advisory dealings, offering practical solutions to help add value to clients. The team’s innovative approach to transactions has enabled CAL to customise solutions to individual needs and the flexibility that such transactions demand. 

Commenting on current market conditions, CAL’s Head of Equity & MA, Rizny Faisal mentioned the following; “Bouncing back from the recent terror attacks, we have seen a significant increase in the level of activity in Equity Capital Markets and M&A. We expect the renewable energy, education, financial services, and retail sectors to have the most significant traction in the coming few months.”

As a full-service investment bank including equity brokering, treasury, asset management, origination and financial advisory, CAL is uniquely positioned to offer Sri Lankan corporates the opportunity to leverage on its expertise and impeccable credentials to meet their financial objectives. CAL’s extensive portfolio of services encompasses every expert requirement for a successful transaction, placing it distinctly at the forefront of the industry.