FinnCap
finnCap Ltd is a British investment bank and a corporate and institutional stockbroker, based in London. It operates in four areas of business: investment banking, equities research,[1] institutional sales and trading,[2] and market making.
Headquarters | London, EC2 United Kingdom |
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Key people | Jon Moulton, (Chairman) Sam Smith, (CEO) |
Number of employees | 70 |
Website | www.finnCap.com |
The firm advises and raises capital for growth companies across the technology, consumer, support services, industrials, oil & gas, mining, biotech & healthcare, financials and real estate sectors. In addition to its core operations, finnCap has also developed a business which focuses on raising money for private growth companies. finnCap's corporate clients range in market capitalisation from <£50 million to c£1 billion. The company provides research on about 150 companies and makes markets in about 130 stocks, on the Alternative Investment Market, the London Stock Exchange’s junior market and the London Stock Exchange’s Main Market.
finnCap employs approximately 80 people, and is 95% employee owned. The company is led by Sam Smith, CEO and the Chairman is Jon Moulton.
History
finnCap was founded in 2007 following a 50% buyout of JM Finn's corporate advisory and broking division. The buyout was completed in May 2010 when the remaining 50% of the company was acquired from JM Finn, making the company wholly independent.[3] At this time the company also changed its name from J. M. Finn Capital Markets Ltd to finnCap Ltd, in line with the company trading name.
In 2013 finnCap received regulatory clearance to begin market making activity, and in 2014 became a FCA Sponsor for Main Market transactions.
finnCap has raised over £1.5 billion for its clients since its buyout from JM Finn. The company was ranked in the top 5 Corporate Brokers in the Extel Survey 2016 and was named Broker of the Year at Grant Thornton Quoted Company Awards 2016.
References
- Investors Chronicle. Financial Times Business Pub. 2009. p. 44.
- City AM - Cenkos battles FinnCap
- Business Sale - £2.5 million FinnCap buy-out completed