BPI Capital’s mantra over the past year was to be nimble and pivot quickly, depending on what the market brought its way.
This meant that when the IPO flow dried up, BPI Capital switched tack to blocks. This gave it the third place on the ECM bookrunning league table during the awards period, behind UBS and Citic Securities, with credits for two deals and a 9.73% market share, Dealogic data shows.
This included running two block sales in AReit, which saw Ayala Land divest some of its shares in the trust, according to Dealogic.
Thanks for your interest in Euromoney!
To unlock this article: