initial public offerings

Custody

Capital raising made visible

Few will dispute that fairness should be fundamental to share markets. A level playing field is necessary to inspire the confidence of all market participants. Yet the traditional off-market placement – now alarmingly considered the default capital-raising option by many companies – often prejudices existing shareholders that aren’t major clients of investment banks. As a […]
Investment Strategy

Peter Wiggs of Archer Capital dismissive of media

Peter Wiggs, the founding partner of Archer Capital, was sitting comfortably on stage at a conference. He crossed his legs, leaned back in his chair, took the microphone and proclaimed that investing in public companies is sub optimal. “Investing in public companies will produce sub-optimal outcomes as public companies serve 28-year old analysts and journalists,” […]