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So we just picked the areas we thought would cover a lot of the fee pool.
University counsel informed us that this distribution reduced the GSSF portion of the fee pool.
Even with a shift toward Europe and Asia, the United States remains the single biggest fee pool.
That is significantly better than the Americas, where the fee pool grew just 22 percent, and Europe, where it shrank by 15 percent.
Since 2000, the share of the mergers-and-acquisitions fee pool claimed by the industry behemoths has shrunk to 44 percent from 63 percent, according to Thomson Reuters data.
The industrials sector, which includes aerospace and defense, is a rare bright spot in an lackadaisical mergers market, and represents the second-largest fee pool globally after telecommunications, media and technology.
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Their hope is to grab a bigger slice of one of the few corporate finance fee pools that's expected to grow nicely in 2011.
The winners received $23,240 from the entry-fee pool, and their purchasers in the auction divided $230,152.
Trian writes in its presentation that while the investment bank is the biggest advisory firm around, it commands only a 9 percent share of the total deal fees pool.
These will be cross-subsidised not, as in state universities, by taxpayers and future graduates but direct from the fees pool.
He voiced concern about the number of large institutions, like endowments and pension funds that are reducing their exposure to stocks but increasing their allocation to private equity — high-fee pools of capital that are buying up large-cap stocks at large premiums.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com