In the developing post-pandemic landscape, the discussion of a possible recession has been the latest ongoing hot topic, leaving businesses in a difficult position for decision-making. Today’s guest is sharing his expansive career knowledge to inform businesses about the reality of the current market.
We're sitting down with my only two-time guest, Gregg Nabhan. If you tuned in to the
first episode with Gregg, you'll remember that he's Chairman of America's Equity Capital Markets for Bank of America, as well as Managing Director of the Consumer and Retail Team.
Gregg is responsible for the origination, IPO valuation, structuring, book-building, price discovery, allocation trading, and aftermarket performance of the equity transactions. He has 35-plus years of experience on Wall Street, and during the last 20 of those years, Gregg has led over 400 transactions raising over 265 billion dollars for companies around the world including 115 IPOs.
Prior to joining B of A in June of 2008, Gregg worked at Morgan Stanley for 13 years where he was an MD in their equity capital markets group. On this week's episode, we talked about the reality of the current economic market.
Highlights:
- A brief overview of the current economic market (2:44)
- How Gregg sees the current economic landscape, and its rate of potential risk (3:40)
- Gregg breaks down how to understand the perspective of market fluctuation and trends (5:02)
- Current events affecting the economy, and economist predictions (7:16)
- Understanding the context of the current IPO market (8:38)
- Areas of focus for management teams maneuvering the economic climate (10:24)
- Industries of focus for investors looking to put their money to work (12:42)
- Analyzing past IPO market trends and predicting the potential future of the space (13:53)
- What made an investment like Kenvue so successful for investors? (15:37)
- Insight on dividends and buybacks (17:55)
- Techniques that issuers are using to navigate the current market (18:55)
- Adjusting focus from daily changes to long-term planning (21:55)
- Gregg's biggest piece of advice to listeners and investors (23:34)
Links:
Feedback:
If you have questions about the show, or have a topic in mind you'd like discussed in future episodes, email our producer,
marion@lowerstreet.co.
What is Welcome to the Arena from ICR – Conversations with Today's Innovators & Business Leaders?
In the increasingly crowded and competitive corporate and financial ecosystem, it’s harder than ever for companies to break through the clutter and be heard. The media, investors, agenda-driven influencers, even customers and competitors, are defining your business story on their terms. Therefore, it is imperative that companies take control and proactively drive the conversation with stakeholders in an effort to build & maintain equity value.
In Welcome to the Arena from ICR, Co-Founder & CEO of ICR, Tom Ryan, interviews key business and financial players who influence the fate of public or aspiring public companies in the capital markets. As a former Wall Street Journal ranked sell-side equity analyst and the founder of one of the largest strategic communications firms in the world, Tom understands what it takes to navigate this complex environment.
This is a forum for CEOs, CFOs, institutional investors, sell-side analysts, financial journalists, private equity professionals and other financial community participants to share their stories and give advice in an open and candid conversation.
For more information, visit http://www.icrinc.com