Excerpts: “Making a Difference; Ken Miller’s Lodestar Makes Another Global Play.”

  • Once a mergers and acquisitions specialist with Lehman Brothers, White Weld and then Merrill Lynch, Mr. Miller helped develop Merrill Lynch’s merchant banking activities. He struck out on his own with Lodestar in 1988.
  • The deal with Societe Generale is the latest in a series of efforts by international investment firms to take part in the corporate buyouts that have swept Europe in anticipation of the elimination of trade barriers there by the end of 1992.
  • Societe Generale joins Yamaichi Securities as a foreign investor with Lodestar. Mr. Miller said the deal “completes our strategic triangle” for global business, giving Lodestar a foothold in Japan, Europe and the United States.

Source: New York Times