CLSA is an institutional brokerage and investment group which specializes in equity brokerage, investment banking and asset management services. The firm offers services in the areas of broking, mezzanine debt funds, mergers and acquisitions, capital markets, bond issuance, secondary placements and fairness opinions. In case of corporate finance and capital markets, the firm devises and executes tailored support including acquisitions, divestitures, mergers, joint ventures, corporate restructurings, recapitalizations, spin-offs, buy-backs, exchange offers and leveraged buyouts. CLSA caters to the consumer, energy and general industrial group, financial institutions, healthcare, real estate and infrastructure, technology, media and telecommunications sectors.