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December 3, 2010--Deal aficionados filled the New York Stock Exchange to attend The Deal Economy 2011 conference. Influential dealmakers, plus The Deal Pipeline users who tuned into the live webcast, were treated to in-depth conversations on the future of dealmaking.
In the first roundtable, notable dealmakers like Rodgin Cohen, Ken Moelis, Stephen Pagliuca and Leo Strine, among others, expressed their cautious optimism in the turnaround of the economy and financial system.
The afternoon continued the momentum with a special interview with Leon Black, founder of Apollo Management LP. Black gave his insight on the current dealmaking environment as well as what could be learned by private equity practitioners from the recent downturn. Another panel, comprised of dealmakers from 3M, Coca Cola Co. and Abbott Laboratories, stressed the importance of cross-border M&A deals.
On the second day of the conference, dealmakers from Credit Suisse, Rothschild, Morgan Stanley and WL Ross explored cautionary dealmaking. Then, heads of investment banks Bank of America Merrill Lynch, William Blair & Co. and Houlihan Lokey discussed the state of the capital markets from their different viewpoints. Closing up The Deal Economy 2011 with serious insight was Ken Moelis, who made this note about Europe: "M&A there is at a standstill. And you have to be worried about what the policies will be."
A sampling of CNBC's coverage of the conference includes an interview with James Lockhart, vice chairman of WL Ross & Co. and Marc Utay, managing partner of Clarion Capital Partners, on "Squawk Box." Click here to see Tim Ryan, president of SIFMA, discuss the urge to merge. See legendary deal counselor Rodgin Cohen also gives a CNBC interview live from the conference. You can also view Steven Pagliuca, managing director of private equity giant Bain Capital, give his view of the market. Conference speakers Stefan Selig, executive vice chairman at Bank of America Merrill Lynch discusses the deal environment on "The Faber Report" and Ken Moelis shares predictions on CNBC's "Strategy Session."
If you would like to view our on-demand webcast of The Deal Economy 2011, click here.
