Overview of Freeman Imputed Fees
Thomson Financial and Freeman & Co. LLC have established a partnership to deliver investment banking imputed fee content through Thomson ONE Banker.
This fee content coupled with TF's transaction content and analytical tools offers you the ability to thoroughly understand investment banking deal flow and the fees they generate.
Freeman imputed fees are populated for all M&A, Equity, Debt and Syndicated Loans transactions since 1998.
Aggregate level data is provided in the form
of fee-based league tables and volume tables.
You can:
Access TF's industry league tables based on Freeman imputed fees.
Access volume tables across all asset classes by industry, region and selected time periods.
View company-specific fees paid to investment banks across M&A, Equity, Debt and Syndicated Loans.
Create custom searches and reports.
Create custom rankings using the imputed fee data items.
Access comprehensive deal tear sheets that include imputed fees allocated to each manager/advisor on the deal.
About Freeman & Co.
Freeman & Co. was founded in 1991 and has served as a strategic advisory consultant firm with extensive experience advising investment banks. In 1994, they pioneered the industry leading algorithm-based model for imputing banking fees for M&A, Equity, Debt and Syndicated Loans transactions. Their consulting business provides unique access to actual banking fees and revenue streams and this intelligence is incorporated into their model. The model is consistently updated and adjusted to accommodate changes and shifts in the marketplace.
Freeman & Co. Methodology
Imputed Deal Fees
Deal fees are gross fees before expenses. In the case of syndicated loans, fees are net of FAS 91 deferred fees.
Value and deal amounts must be available and populated in order for Freeman & Co. to impute a deal fee.
For M&A deals, the entire imputed fee is allocated at the time of the announcement. M&A league tables are produced based upon announced or completed deals depending on standard session.
For M&A deals where an advisor is not retained or is undisclosed, a fee is still assigned to the deal.
Imputed Manager/Advisor Fees
Fees to individual managers and advisors are allocated on deal fees, which can be either publicly disclosed actual deal fees or imputed fees, as discussed above.
The allocation methodology is based on the manager or advisor role as detailed by Thomson Financial, the total number of managers/advisors for the deal, as well as the number of managers in each of these roles.
T1Banker Requirements to Impute Deal Level Fees
For M&A transactions, Deal Value (VAL) must be populated. If Deal Value is not populated, Freeman cannot impute deal fees.
For Equity transactions, Proceeds Amount this Market (US$mil) must be populated.
For Debt/Bonds transactions, Principal Amount this Market (US$mil) must be populated.
For Syndicated Loans transactions, Tranche Amount (US$mil) must be populated.
Freeman & Co. Client Support
For additional information about Freeman & Co. and their imputed deal fees, Freeman provides client phone and e-mail support.
Phone: 212-830-6199
E-mail: support@freeman-co.com