Europe, Middle East & Africa: Friends with benefits

Author: | Published: 24 Apr 2017

If an investment bank facilitates the meeting of a fund manager and a company it is possibly interested in investing in, should the investment bank be paid for that? And who should pay for it, the company receiving the investment, the fund manager doing the investing, or the client whose money is being invested? What about if the bank isn't really involved in the meeting – it's just arranging the logistics and maybe booking a taxi? Is that different from a full-fledged tour of the farm? And how much should it cost?

These are questions that have frankly not been given too much thought in the...