Baird completed 206 financing and advisory transactions in 2018.
Baird has done business with companies and institutions in more than 50 countries over the past decade.
Our Global Investment Banking business achieved remarkable results in 2018. We completed 206 transactions, including a 37% increase in our advisory activity over 2017. The business posted its sixth consecutive year of record revenues and accomplished other notable achievements while preserving our core values and unique teamwork model.
We work as one global team, collaborating across areas of expertise, including different products, sectors and geographies, to serve clients around the world. This unique structure creates a powerful alignment of interests across our team and equips Baird to unite the right combination of experts, with distinct areas of expertise, for each and every client transaction. In 2018, we significantly expanded our team, adding top talent and coverage in areas including the DACH region, energy, government services, healthcare and technology. Our global team now includes more than 350 investment banking professionals.
Our emphasis on global teamwork, deep expertise and client focus creates a distinct culture. It enables Baird to attract and retain our industry's top talent and exceptional graduates from premier universities. We continued to enhance our professional development programs and offerings in 2018 to provide our team with additional growth opportunities. These efforts underscore our longstanding commitment to being the employer of choice in investment banking. As our business continues to grow, we look forward to continuing to develop our team, expand our global reach and product capabilities and deliver for our clients.
Despite challenging industry headwinds, Baird remained focused on creating value, driving strong execution and building long-term partnerships with clients in 2018. We invested in talent, technology and processes to deepen our trading capabilities. Our equity research coverage now includes more than 700 companies across every major industry.
Our bottom-up stock research again ranked No.1 for "overall quality in sales, corporate access and research" in Greenwich Associates' 2018 survey of small- and mid-cap institutional fund managers.1
We also offer full-service macroeconomic research through our independent affiliate Strategas, which joined Baird at the start of 2018. Strategas provides macroeconomic, economic, policy, technical and investment strategy research to institutional and high-net-worth investors.
We continue to strengthen our global corporate access platform. Corporate and investor attendance at our highly-ranked institutional conferences has increased more than 35% over the past five years.
Baird arranged more than 20,000 company–investor connections via one-on-one and group meetings in 2018.
1 Greenwich Associates North American Equity Investors — U.S. Small-/Mid-Cap Funds and U.S. Equities Sales, Corporate Access & Research, May 2018. Surveys conducted with 110 small-cap and mid-cap fund managers and 194 fund managers and 275 traders, respectively. Rankings for qualitative metrics based on leading research firms in surveys.