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" ... The traction in the private capital markets has necessitated the attention and acclimatisation on the part of financial advisory services providers. Global investment banks are no longer sole intermediaries to relevant pools of capital, as they have traditionally been as effective sponsors of public listings. Instead of syndication efforts and underwriting, there is a much greater role in these private transactions for personal relationships and reputations – a true trusted advisor who combines hybrid capital-raising and M&A capabilities. ... "