What is Syndicate Manager ?
The underwriter who is in charge of organizing the syndicate and distributing member participation shares to other members is commonly known as the “lead underwriter” or “managing underwriter.” This individual plays a crucial role in coordinating the underwriting process during a new securities issue, such as an initial public offering (IPO). They take the lead in forming the syndicate of underwriters and allocate shares to other participating members for distribution.
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