<br />
CORPORATE<br />
FINANCE<br />
PRACTICAL POINTS<br />
FACULTY<br />
ICAEW.COM/CFFISSUE 207<br />
NOVEMBER 2018<br />
GROWTH<br />
OPPORTUNITIES<br />
EXPERTISE<br />
Corporate<br />
Financier<br />
The debt<br />
markets have<br />
flourished<br />
since the<br />
financial<br />
crisis. But is<br />
trouble on<br />
the horizon?<br />
CALLING UK SMEs<br />
READY<br />
STEADY BUSINESS LOANS<br />
GROW! £100K-£5M<br />
AVAILABLE NOW<br />
BREAKING NEWS<br />
for UK businesses<br />
looking to fund<br />
their growth plans;<br />
there is now a<br />
genuine alternative<br />
to the banks.<br />
Your next source of business funding is waiting<br />
for you. ThinCats has extensive funding ready<br />
to lend to small and medium sized businesses<br />
across the UK at attractive interest rates.<br />
If you need a loan of between £100k and<br />
£5m to fund growth, acquisitions (including<br />
Mana<a title="Corporate Financier November 2018 page 1" href="https://secure.viewer.zmags.com/publication/73a6d96c?page=1"> CORPORATE FINANCE PRACTICAL POINTS FACULTY ICAEW</a>
<a title="Corporate Financier November 2018 page 2" href="https://secure.viewer.zmags.com/publication/73a6d96c?page=2"> CALLING UK SMEs READY STEADY BUSINESS LOANS GROW</a>
<a title="Corporate Financier November 2018 page 3" href="https://secure.viewer.zmags.com/publication/73a6d96c?page=3"> November 2018 Issue 207 GROWTH OPPORTUNITIES EX</a>
<a title="Corporate Financier November 2018 page 4" href="https://secure.viewer.zmags.com/publication/73a6d96c?page=4"> WELCOME Abstract lending According to Gree</a>
<a title="Corporate Financier November 2018 page 5" href="https://secure.viewer.zmags.com/publication/73a6d96c?page=5"> N E NEWS & EVENTS EWS & VENTS Artist's i</a>
<a title="Corporate Financier November 2018 page 6" href="https://secure.viewer.zmags.com/publication/73a6d96c?page=6"> NEWS & EVENTS CAS</a>
<a title="Corporate Financier November 2018 page 7" href="https://secure.viewer.zmags.com/publication/73a6d96c?page=7"> BRIEFING IN NUMBERS Global M&A value hits rec</a>
<a title="Corporate Financier November 2018 page 8" href="https://secure.viewer.zmags.com/publication/73a6d96c?page=8"> CONNECTIONS MADE MORE REWARDING </a>
<a title="Corporate Financier November 2018 page 9" href="https://secure.viewer.zmags.com/publication/73a6d96c?page=9"> For UK venture capitalists (VCs), returns have in</a>
<a title="Corporate Financier November 2018 page 10" href="https://secure.viewer.zmags.com/publication/73a6d96c?page=10"> Robert Louis Stevenson once said: “To travel hope</a>
<a title="Corporate Financier November 2018 page 11" href="https://secure.viewer.zmags.com/publication/73a6d96c?page=11"> an awful lot about how rail networks work and eve</a>
<a title="Corporate Financier November 2018 page 12" href="https://secure.viewer.zmags.com/publication/73a6d96c?page=12"> INSIDER: GREAT RAIL JOURNEYS £50m How much EC</a>
<a title="Corporate Financier November 2018 page 13" href="https://secure.viewer.zmags.com/publication/73a6d96c?page=13"> ANALYSIS: VENTURE CAPITAL LEARNING FROM the</a>
<a title="Corporate Financier November 2018 page 14" href="https://secure.viewer.zmags.com/publication/73a6d96c?page=14"> $34.6bn Amount made from fundraising for US vent</a>
<a title="Corporate Financier November 2018 page 15" href="https://secure.viewer.zmags.com/publication/73a6d96c?page=15"> Dr Keith Arundale is a doctoral researcher at the</a>
<a title="Corporate Financier November 2018 page 16" href="https://secure.viewer.zmags.com/publication/73a6d96c?page=16"> 16 </a>
<a title="Corporate Financier November 2018 page 17" href="https://secure.viewer.zmags.com/publication/73a6d96c?page=17"> COVER STORY THE DEBT MARKETS HAVE FLOURISHED</a>
<a title="Corporate Financier November 2018 page 18" href="https://secure.viewer.zmags.com/publication/73a6d96c?page=18"> "The rapid expansion of direct lenders, in partic</a>
<a title="Corporate Financier November 2018 page 19" href="https://secure.viewer.zmags.com/publication/73a6d96c?page=19"> Burgin. “Clearly, if interest rates rose quickly,</a>
<a title="Corporate Financier November 2018 page 20" href="https://secure.viewer.zmags.com/publication/73a6d96c?page=20"> For businesses with private equity backing, some </a>
<a title="Corporate Financier November 2018 page 21" href="https://secure.viewer.zmags.com/publication/73a6d96c?page=21"> change? For example, many debt funds have not bee</a>
<a title="Corporate Financier November 2018 page 22" href="https://secure.viewer.zmags.com/publication/73a6d96c?page=22"> CRISIS, WHAT CRISIS? Growing assets under managem</a>
<a title="Corporate Financier November 2018 page 23" href="https://secure.viewer.zmags.com/publication/73a6d96c?page=23"> Shaun Mullin (left) and James Stirling of Investe</a>
<a title="Corporate Financier November 2018 page 24" href="https://secure.viewer.zmags.com/publication/73a6d96c?page=24"> PROFILE we don't offer more than one solutio</a>
<a title="Corporate Financier November 2018 page 25" href="https://secure.viewer.zmags.com/publication/73a6d96c?page=25"> ICAEW CORPORATE FINANCE FACULTY Way ahead </a>
<a title="Corporate Financier November 2018 page 26" href="https://secure.viewer.zmags.com/publication/73a6d96c?page=26"> TAKEN ON TRUST Many words are exchanged during a</a>
<a title="Corporate Financier November 2018 page 27" href="https://secure.viewer.zmags.com/publication/73a6d96c?page=27"> CYBER SECURITY IN PRIVATE EQUITY When adopting a </a>
<a title="Corporate Financier November 2018 page 28" href="https://secure.viewer.zmags.com/publication/73a6d96c?page=28"> WALES BANKS ON GROWTH Regional and national devel</a>
<a title="Corporate Financier November 2018 page 29" href="https://secure.viewer.zmags.com/publication/73a6d96c?page=29"> ROA DSHOW: WALES W </a>
<a title="Corporate Financier November 2018 page 30" href="https://secure.viewer.zmags.com/publication/73a6d96c?page=30"> ROADSHOW: WALES Creo Me</a>
<a title="Corporate Financier November 2018 page 31" href="https://secure.viewer.zmags.com/publication/73a6d96c?page=31"> BRIEF ENCOUNTER: COGITALGROUP Rise to the challe</a>
<a title="Corporate Financier November 2018 page 32" href="https://secure.viewer.zmags.com/publication/73a6d96c?page=32"> APPOINTMENTS Chris Graves (1</a>
<a title="Corporate Financier November 2018 page 33" href="https://secure.viewer.zmags.com/publication/73a6d96c?page=33"> COMPANY NEWS mid-market and sell-side M&A </a>
<a title="Corporate Financier November 2018 page 34" href="https://secure.viewer.zmags.com/publication/73a6d96c?page=34"> ON MY CV THE CV Matt Katz leads Buzzacott's c</a>
<a title="Corporate Financier November 2018 page 35" href="https://secure.viewer.zmags.com/publication/73a6d96c?page=35"> PERFORMANCE YOU'LL FALL IN LOVE WITH. </a>
<a title="Corporate Financier November 2018 page 36" href="https://secure.viewer.zmags.com/publication/73a6d96c?page=36"> Unlike other insurers we provide comprehensive co</a>