User:StuartofAlbion

LatinFinance[1] is a leading source of financial markets intelligence for Latin America and the Caribbean. It encompasses a magazine "LatinFinance"; an early morning daily news alert, the "LatinFinance Daily Brief"; a data intensive web-site; and a series networking events comprising discursive conferences and educational seminars.[2] LatinFinance also organizes private round-tables focused on narrower more specialist topics, meetings with senior members of the governments of Latin America or the Caribbean, and capital introduction events for issuers from the region and investors in inter alia New York, Boston, London and Dubai.

Founded in 1987 and published from New York and Miami, with a network of correspondents across Latin America and the Caribbean, LatinFinance has covered banking and capital markets in the region for two decades. It is an authoritative source on debt, equity, structured finance, syndicated loan and multilateral financing and on the practical application of these products in finance and/or investment by sovereign, sub-sovereign, financial and corporate issuers and portfolio, private equity and hedge fund investors.

LatinFinance also covers secondary trading, tracks people-moves within the financial markets of Latin America and the Caribbean, explores legal issues impacting those markets, and examines the business of banking and the role of banking technology within the region.

LatinFinance is written as single word, with an upper-case L and F.

Recent History

The period following the Argentine economic crisis and default in 2002 was especially challenging for Latin American financial markets and those active in them. In its financial year 2002 LatinFinance's performance slumped to the worst in its then 15-year history though it remained profitable and was even able to consider, though ultimately to reject, approaches from the two other pan-regional business-to-business titles América Economía and the recently bankrupt Latin Trade to absorb them.

From this time LatinFinance embarked on a new strategy to diversify from its core magazine product by launching several new events and seminars; deepening and broadening its coverage through investment in and a realignement of editorial, notably moving its entire editorial staff from Miami to New York or into Latin America; and launching its news and data products the Daily Brief and the Deal Pipeline.

LatinFinance's current editorial policy emerged from these changes resulting in an explicit aim to cover the drivers and direction of movements of capital into, out of and around Latin America and the Caribbean, as they happen, where-ever those flows come from or from where-ever they are directed. Therefore, in addition to Latin America and the Caribbean, LatinFinance is active in the major financial centers of North America and Europe as well as in newer centers for capital provision including the Gulf [3] and China.

LatinFinance celebrated its 20th Anniversary in 1998. As part of these anniversary celebrations a Gala Dinner in Miami saw Nicholas_F._Brady, referred to by LatinFinance as "the godfather of the modern Latin American financial markets", give the keynote address while LatinFinance was also invited to ring the closing bell at Nasdaq [4].

LatinFinance, the Magazine

Issued 10 times each year, LatinFinance magazine [5] is the only finance and capital markets title devoted to Latin America and the Caribbean. It was first published in 1988 and in large part aimed to explain to an international buy-side audience the changes and opportunities in Latin America brought about as a result of the sovereign defaults and subsequent Brady Plan in the late 1980s.

The editorial focus, and readership, of the magazine expanded quickly to encompass debt, equity, forex and emerging financial products including derivatives and structured finance products. LatinFinance also began to examine the practical application of these products by sovereign, sub-sovereign, financial and corporate issuers as well as their role in areas such as infrastructure and project finance, M&A, and risk management.

Besides deal coverage, market-trend analysis and exclusive interviews with leading decision-makers, LatinFinance now also provides detailed transaction pipelines for debt, equity and M&A, underwriting and advisory league tables, widely respected polls and awards and several surveys.

LatinFinance Awards

Each year LatinFinance recognises innovation and the increasing sophistication of the financial markets of Latin America and the Caribbean in a series of awards including Deals of the Year, Man of the Year, Cutting Edge Corporates, CFO of the Year, The Infrastructure Awards, and The LatinFinance Banks of the Year.

LatinFinance Research

In recent years LatinFinance has developed a number of respected surveys most notably a series ranking the sustainability of the region's banks and companies in association with M&E [6], the Madrid and Sao Paulo based consultancy.

Daily Brief

The LatinFinance Daily Brief delivers short, distilled news items before the financial markets open in the Americas. It is primarily deal-focused and seeks to follow the narrative of a debt, equity, structured or M&A deal from substantiated rumor, through negotiation, structuring, pricing, close and into its secondary market performance. It also covers movements in ratings, capital in- and out-flows, and movements of senior and/or influential people.

The Daily Brief frequently breaks news stories, some of major significance, and its coverage is often later picked-up by non-specialist news sources such as Bloomberg [7] or Reuters.

www.latinfinance.com

LatinFinance's data-intensive website, www.latinfinance.com [8], contains daily news and deal coverage, market-trend analysis and exclusive interviews with leading decision-makers. It also contains a comprehensive archive, a list of LatinFinance events, a series of league tables tracking the performance of investment banks active in the region, and the "Deal Pipeline" a database of upcoming and recently closed Latin American and Caribbean deals.

League Tables

The website regularly updated underwriting and advisory league tables for debt, equity and M&A, by size, number of deals and fees.

Deal Pipeline

The website also features the LatinFinance "Deal Pipeline" a detailed transaction database of upcoming and recently closed deals including size, date, pricing, tenor.

Readership and Circulation

LatinFinance readers include heads of state, finance minister and heads of public credit, heads of retail and investment banks, corporate and sovereign financiers, leading portfolio managers, private equity and hedge fund investors, traders and analysts.

Within Latin America and the Caribbean its circulation is primarily to issuers (sovereign, corporate and financial) though increasingly also to the evolving local buy-side. Outside Latin America and the Caribbean distribution is primarily focused on fund managers, hedge fund and private equity investors.

The magazine has a BPA audited circulation of some 29,000 copies [9] while several thousand additional copies are distributed at events including the World Bank and IMF Annual Meetings [10], the IDB Annual Meeting [11] and at the annual Felaban Assembly [12].

Ownership and Management

LatinFinance is the owned by Latin American Financial Publications Inc, a wholly owned subsidiary of Euromoney Institutional Investor PLC a UK-based FTSE-250 media company that owns numerous other titles including Euromoney magazine and Institutional Investor.

LatinFinance has been managed since 2002 by Stuart Allen [13], the CEO and Publisher. Formerly the Latin America head at IFR, James Crombie [14] is the Editor-in-Chief. The other members of LatinFinance's board of directors are Giuliana Moreyra, Christopher Brown and Colin Jones.

Corporate Relationships

Latin American Banking Leadership Council

LatinFinance was a founder member of the Latin American Banking Leadership Council and participated actively in it from its launch in March 1999 during the Inter-American Development Bank annual meeting in Paris until the cessation of its meetings in 2007.

Designed to enable senior executives from Latin America's leading local banks to meet with their peers to discuss and debate the key issues impacting the financial services industry, and especially the issues derived from the intensification of international competition and globalization, it was a private organization with a membership drawn from the most influential local financial institutions in the region.

Membership was restricted to Chairmen, Presidents and CEOs of local banks in Latin America and was strictly by invitation only. Founding Members included, for example: Roberto Setubal, Executive President, Banco Itaú; Enrique García, President, CAF; Jorge Londoño, CEO, Bancolombia; Gustavo Marturet, CEO, Banco Mercantil; Raimundo Morales, CEO, Banco de Crédito del Perú; and Ronald Harford, Chairman, Republic Bank Limited. Honorary members who attended meetings and addressed the council included Stanley Fischer and Mack McLarty.

The World Economic Forum

LatinFinance advises the World Economic Forum in the Latin American capital markets content of its meetings and chairs the capital markets panel at the World Economic Forum on Latin America [15].

World Fund

LatinFinance has a long-established relationship with World Fund [16] the New York based charity focused on improving education across Latin America. LatinFinance's CEO, sits on their advisory board and World Fund has been LatinFinance's "preferred charity" since 2005.

Editorial Awards

LatinFinance has won numerous editorial awards over the past two decades but more recently, as it maintains the number of such awards and prizes has grown and their value diminished, LatinFinance has followed a policy of not seeking awards and of not accepting any that it is awarded.