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capital markets

Corporate Finance

The Democratization of Private Equity

Download PDF Private markets, once the exclusive domain of institutional investors, are undergoing a structural transformation. As technology, regulation, and investor behaviour evolve, access to traditionally illiquid asset classes like private equity, credit, and infrastructure is widening. What was once a closed ecosystem of pension funds and endowments is now Read more…

By BSIC, 1 year12 October 2025 ago
Corporate Finance

Dual Listings: The rationale behind a complicated strategy

Download PDF Introduction In an increasingly interconnected yet fragmented global economy, dual listings have reemerged as a pivotal strategy for companies seeking to navigate complex financial landscapes. With the rumour about Holcim’s possible dual listing, as well as Alibaba’s recent conversion to such, it seems like this complicated deal structure Read more…

By BSIC, 2 years24 November 2024 ago
Corporate Finance Old Articles

The IPO Bonanza (Part 1): IPO Fever Grips World Markets in a Binding Clench

Introduction 2018 was a somehow controversial year in IPO terms, with Q1, Q2 and Q3 building a strong momentum for companies to go public, and Q4 eroding the optimism recorded in the preceding timeframe. Unfortunately, 2019 has opened with the same negative outlook, with scheduled IPOs all throughout the world Read more…

By BSIC, 7 years28 April 2019 ago
Corporate Finance Old Articles

When a sweet deal doesn’t sound sweet enough: Temenos to acquire Fidessa for £1.4bn in cash

Temenos Group (SWX:TEMN) – market cap as of 23/02/2018: CHF7.60bn Fidessa Group (LON:FDSA) – market cap as of 23/02/2018: GBP1.47bn Introduction On February 21st, 2018, the boards of both Temenos and Fidessa have reached an agreement for the takeover of the former over the latter for £1.4 billion. The two Read more…

By BSIC, 9 years25 February 2018 ago
Markets Old Articles Single Stocks Trade Ideas

Blackberry buyout (risk arbitrage)

After the huge operating loss and the consequent job-cutting of the second quarter, Blackberry received an offer to go private by Fairfax Financial Holdings Limited for $9 per share. Fairfax holds the 9.9% of Blackberry and is doing the due diligence; on November 4th the company will give more details. Read more…

By BSIC, 13 years28 September 2013 ago

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From Norway’s currency interventions and the art o From Norway’s currency interventions and the art of optimal trade execution to KKR’s landmark Alliance Boots buyout, China’s AI infrastructure bottlenecks and the future of pharmaceutical dealmaking - this week’s BSIC Weekly explores the forces reshaping global markets and corporate finance.

Discover our latest insights and read the full articles at bsic.it (link in bio).

#BSIC #Bocconi #Finance #Markets #CorporateFinance #Investing
This week, our General Discussion explored the mat This week, our General Discussion explored the mathematics of bet sizing, focusing on the Kelly Criterion and its implications for investment decisions. From the difference between expected wealth and compounded growth to the dangers of excessive leverage, we examined why theoretically optimal strategies can still lead to substantial losses. Through simulations, historical US equity market data and the Grossman-Zhou framework, we discussed how fractional Kelly and dynamic position sizing can help investors balance growth with capital preservation.

Swipe through the carousel to explore the key formulas, graphs and empirical findings discussed during our latest GD.

Read the full article, Bet Sizing: From the Kelly Criterion to Drawdown Control, on bsic.it (link in bio).

#BSIC #Bocconi #Finance #Markets #Kelly
One of BSIC’s distinctive activities, General Disc One of BSIC’s distinctive activities, General Discussions (GDs) bring our research to life. During our weekly meetings, members present and explain the articles they have written, creating an opportunity for the entire club to ask questions, challenge assumptions, exchange perspectives and deepen their understanding of financial markets.

This week, we explored the High-Bandwidth Memory (HBM) industry, a critical component of the AI revolution. As demand for AI computing accelerates, memory manufacturers are experiencing unprecedented growth and supply constraints. But could today’s shortages become tomorrow’s oversupply? Our discussion examined the evolving balance between memory capacity and bandwidth, the implications of changing AI workloads, and the potential consequences for industry leaders such as SK hynix.

Swipe through the carousel to discover the key insights, graphs and investment scenarios discussed during our latest GD.

Read the full article, Understanding the HBM Industry, on bsic.it (link in bio)

#BSIC #Articles #Bocconi #CorporateFinance #HBM
From the future of US Treasuries and AI-driven tra From the future of US Treasuries and AI-driven trading strategies to UBS’s battle with Swiss regulators, Nike’s struggles and Germany’s shift from cars to defence - this week’s BSIC Weekly explores the forces reshaping global markets and corporate finance.

Read the full articles on our website.

#BSIC #Bocconi #Finance #Markets #CorporateFinance #Investing #Articles
A record recruitment season for BSIC. We are prou A record recruitment season for BSIC.

We are proud to welcome an exceptional group of new members to BSIC and look forward to seeing their contributions to the Club in the semesters ahead.

Thank you to everyone who applied and took part in our recruitment process, and congratulations to all our new joiners!

#BSIC #Bocconi #BocconiUniversity #Finance #InvestmentClub #Recruitment
From bet sizing and optimal hedging to the infrast From bet sizing and optimal hedging to the infrastructure and financing behind the AI boom - this week’s BSIC Weekly explores the forces reshaping markets and corporate finance, from HBM and hyperscaler capex to private equity’s growing use of insurance capital.

Read the full articles on our website.

#BSIC #Bocconi #Finance #Markets #CorporateFinance #Investing #Articles
From Mexico’s yield curve and AI-driven trading mo From Mexico’s yield curve and AI-driven trading models to sponsor reputation, rising yields and Europe’s race for powered land - this week’s BSIC Weekly is out.

Read the full articles on our website.

#BSIC #Bocconi #Finance #Markets #CorporateFinance #Investing #Articles
Last call! BSIC applications close TODAY! If you’ Last call! BSIC applications close TODAY!

If you’ve been thinking about joining us, this is your final chance. Submit your application by 11:59 AM and take the first step towards becoming part of BSIC.

Applications close at 12:00 PM.

#BSIC #Bocconi #Recruitment #Finance #StudentAssociation
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