Raymond James will buy a private equity advisory firm
May 25, 2021 - Raymond James Financial has agreed to acquire Cebile Capital, a private fund placement agent and secondary market advisor to private equity firms. Cebile, which has offices in London and in New York City, will operate as a new business unit within Raymond James' investment banking business and will be led by Sunaina Sinha Haldea, who founded Cebile, a news release said. The deal will deepen relationships with the private equity community and expand service offerings to this rapidly expanding market, the news release said. Financial terms were not disclosed.