Ex-Jefferies M&A boss joins China-focused boutique

The former head of European and Asian M&A at Jefferies has emerged at an independent advisory firm specialising in outbound Chinese deals, where he is looking to build out the London advisory team.

Jefferies前欧洲和亚洲并购部的负责人出现在一家专门从事中国出境交易的独立咨询公司，他正在寻求建立一个伦敦咨询团队。

Andy Bell told FN his role as chairman of DG Capital International would allow him to bring his decades of experience of international M&A to the year-old advisory arm of DealGlobe.

Andy Bell告诉《金融时报》，此举担任易界资本国际主席，能够将他几十年的国际并购经验带到易界网这个年轻的资讯机构。

DG Capital has offices in London and China. It aims to advise Chinese acquirers and foreign sellers looking to attract a Chinese buyer.

易界网在伦敦和中国设有办事处。它旨在向中国买家和对中国买家感兴趣的国外卖家提供咨询。

Bell said: “The thinking is that there is a real opportunity to grow a business which isn’t focused on other areas but is capitalizing on the opportunity in outbound Chinese M&A.”

Bell说：“我的想法是，不着眼其他领域，而是通过中国海外并购的机会来发展业务，这现在可能是一个真正的机会。

Bell started his investment banking career at Morgan Stanley, where he worked for 14 years from 1990 before moving to HSBC, where he became global head of M&A. He joined Jefferies in 2012 and left in September 2015.

1990年，Andrew Bell开始在摩根士丹利从事投资银行业务，整整工作了14年之久。之后到汇丰银行担任全球并购主管。并于2012年加入Jefferies，在2015年9月离职。

He expects to add more advisory expertise to DG Capital’s London bench, where about a third of the firm’s 60-strong global workforce sits.

易界网的伦敦分部员工约占全球员工总数的三分之一， Bell期望为其带来更多的咨询行业知识和经验。

At $203.7 billion as of November 4, the value of Chinese outbound M&A in 2016 is already $100 billion ahead of 2015 as a whole, which had been the highest full-year value recorded by data firm Dealogic.

截至11月4日，2016年中国对外并购的价值已经达到2037亿美元，超过2015年一整年的1000亿美元，这已经是数据公司Dealogic统计的全年最高价值。

DealGlobe has yet to make it into the upper echelons of the advisory rankings for these deals.

易界网期待成为这些项目背后的高层次咨询机构。

So far in 2016 it ranks 60th on Dealogic’s league table of advisers on Chinese outbound deals. This is thanks to its work advising China Everbright Group and Beijing Baofeng Technologies on their acquisition of MP & Silva, a British sports media rights company.

到目前为止，它在Dealogic统计的中国海外交易咨询机构中排名第60位。这得益于其帮助光大证券、北京暴风科技共同收购了一家英国体育媒体服务公司——MP&Silva。

Bell said: “We are focused not so much on the very large state-owned enterprises. We’re focused more on the small to medium sized, multibillion-dollar market cap companies, which frequently have a history of being started by an entrepreneur, have now been floated in China and are looking now to expand overseas.”

Bell表示：“我们没有太多地去关注大型的国有企业。我们更多地去关注中小型的，且拥有数十亿美元市值的公司。这类公司经常有企业家创业起步的历史，并已经在中国上市，目前正在寻求海外扩张。

While Chinese deal making overseas has traditionally been in the energy and resources sectors, Bell said he expects activity in other sectors to pick up, including industrials, TMT, consumer and retail.

尽管一直以来中国在海外的并购交易多数集中在能源资源行业，但Bell表示，他预计其他行业的也潜力无限，比如工业，TMT行业，消费和零售业等。

Bell added: “When you think about the size of the Chinese economy, when you think about the speed at which that economy is growing, there’s an enormous amount of growth potential.”

Bell补充说：“当你考虑中国经济的规模和经济增长的速度时，你就能看到那巨大的增长潜力。”

Source: Financial News

来源：金融时报