Jefferies LLC

Globalworth Real Estate, the London-listed real estate investment trust focused on Romania and Poland, has completed the sale of up to €500m of fresh equity to finance its pipeline of investment opportunities.

Jonathan Wilcox has left his role as head of UK investment banking at Jefferies, according to a source familiar with the matter.

Centerbridge Partners has sold a €119.2m chunk of its stake in Banca Farmafactoring, the Italian factoring company that specialises in payments owed by public institutions to the healthcare sector, after the stock has rebounded since October.

DWF has become the first UK law firm to list on the main market London Stock Exchange, after the company priced its £95m IPO at 122p a share on Monday.

Fears that MiFID II is demolishing coverage of smaller UK companies appear to be misplaced, according to research firm Hardman & Co, with analyst numbers actually on the up. But not everyone agrees with that assessment. Meanwhile, market participants think that liquidity is decreasing, despite what the UK’s Financial Conduct Authority (FCA) says, and this could boost private equity interest in these small firms.

Tritax Big Box Reit, the UK real estate investment trust focused on ‘Big Box’ warehouse assets, has completed its tenth capital increase since its IPO on the London Stock Exchange in December 2013.

Jefferies said on Thursday that it has appointed Tony White, one of a number of recent hires for its UK investment banking team.

Tritax Big Box Reit has returned to the market with a £250m placing and open offer to finance its acquisition of a majority stake in DB Symmetry, the owner of one of the largest strategic land portfolios for development of Big Box warehouse assets in the UK.

CIMC Vehicles Co is eyeing $500m from a Hong Kong IPO, with plans to launch the listing by the end of the first quarter, according to a source close to the deal.

Jefferies, which is in the process of a huge expansion of its emerging markets offering, has hired an ex-Goldman Sachs trader in New York.

Private equity firms Bain Capital and Cinven are financing their purchase of a further 28.3% stake in Stada Arzneimittel, the German pharmaceutical group, in the euro leveraged finance markets this week, and are having to contend with investors who are in a risk-averse mood.

Jefferies has appointed former Nomura and Citigroup trader Fred Jallot as head of fixed income Europe.