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BUSINESS INFORMATION
12 Months Ended
Dec. 31, 2015
BUSINESS INFORMATION  
BUSINESS INFORMATION

 

16. BUSINESS INFORMATION

        The Company's activities as an investment banking advisory firm constitute a single business segment offering clients, including corporations, governments and financial sponsors, a range of advisory services with expertise across all major industries in mergers and acquisitions, recapitalizations and restructurings and other corporate finance matters.

        We do not allocate our revenue by the type of advice we provide because of the complexity of the transactions on which we may earn revenue and our comprehensive approach to client service. For example, a restructuring engagement may evolve to require a sale of all or a portion of the client, M&A assignments can develop from relationships established on prior restructuring engagements and capital markets expertise can be instrumental on both M&A and restructuring assignments.

        There were no clients that accounted for more than 10% of revenues for the years ended December 31, 2015, 2014 and 2013. Since the financial markets are global in nature, the Company generally manages its business based on the operating results of the enterprise taken as whole, not by geographic region. The following table sets forth the geographical distribution of revenues and assets based on the location of the office that generates the revenues or holds the assets, and therefore may not be reflective of the geography in which our clients are located.

                                                                                                                                                                                    

 

 

Year Ended December 31,

 

 

 

2015

 

2014

 

2013

 

Revenues:

 

 

 

 

 

 

 

 

 

 

United States

 

$

443,998 

 

$

409,935 

 

$

331,743 

 

Europe

 

 

88,063 

 

 

89,797 

 

 

68,743 

 

Rest of World

 

 

19,802 

 

 

19,018 

 

 

10,900 

 

​  

​  

​  

​  

​  

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Total

 

$

551,863 

 

$

518,750 

 

$

411,386 

 

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​  

​  

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December 31,
2015

 

December 31,
2014

 

Assets:

 

 

 

 

 

 

 

United States

 

$

463,984 

 

$

378,573 

 

Europe

 

 

45,067 

 

 

52,975 

 

Rest of World

 

 

30,410 

 

 

32,701 

 

​  

​  

​  

​  

Total

 

$

539,461 

 

$

464,249 

 

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