Greenhill & Co., a boutique finance house in the news as an advisor in the auction for Refco Inc, has reported record figures for the quarter ended September 30 2005. Revenues for the quarter were $66.0m ($36.5m) and record net income of $17.8m ($8.2m). Diluted earnings per share were $0.58.

"We are pleased with our financial advisory results in a M&A market that has continued to gain momentum. In merchant banking, our robust results demonstrate the revenue potential of our strategy, begun in early 2004, of investing Firm capital in merchant banking opportunities. On the cost side, our disciplined approach ensures that the benefits of this higher advisory and merchant banking revenue flow to our shareholders," Robert F. Greenhill, Chairman and CEO, said.

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