What we do

Founded in 2007 as a wholly staff-owned business, since inception we have aimed to provide insight, honesty and a highly personalised approach to all our clients.

Companies receive unrivalled advisory work from our trusted and experienced banking team. Institutional investors hunting for ideas receive direct access to our seasoned sales team and research analysts, along with introductions to companies, innovators and thought leaders. Traders wanting high or low-touch execution from multiple venues, with proper performance benchmarking, deal with us daily.

c. 310 All-cap companies and funds covered across UK & Europe
£26bn Raised since 2007 £12.8bn since 2015
173 Staff employed across the UK & North America
119 Corporate clients that we advise

Our latest transaction successes

Company
SigmaRoc
Amount raised
£30m
Placing
Feb-2023
Company
Helium One
Amount raised
£9.9m
Placing
Dec-2022
Company
Ferro-Alloy Resources Ltd
Amount raised
£8.6m
Placing
Sep-2022
Company
TruFin plc
Amount raised
£10m
Placing
Apr-2022
Company
The Renewables Infrastructure Group Ltd
Amount raised
£277m
Placing
Mar-2022
Company
CT Automotive Group plc
Amount raised
£34m
IPO
Dec-2021
Thought of the week – From too much research to too few start-ups

Thought of the week – From too much research to too few start-ups

22 March 2023 | Insights

Over the last two weeks, I have used my Wednesday notes to explore the lack of productivity growth in recent decades. Last week, we saw how the amount of research produced in technology, engineering or medicine has grown enormously, but research productivity (in the sense of creating new ideas) has seen a steady decline. As I will show today, this seems to be a major driving force that holds back job creation and productivity growth in the real economy as well.

Thought of the Week - The impact of ESG scandals

Thought of the Week - The impact of ESG scandals

13 March 2023 | Insights

ESG scandals are (luckily) a rare thing. If we rely on the RepRisk Relative Risk Indicator, risk ratings in excess of 25 points happen only in one in 200 companies. And as I have reported here, RRI readings of 35 or above become existential threats to their CEOs. But once a company experiences an ESG scandal, it has significant and lasting consequences, not only for the company but also its peers.

Thought of the Week - Winning the global loser’s game

Thought of the Week - Winning the global loser’s game

07 March 2023 | Insights

Charlie Ellis pointed out in his famous book “Winning the Loser's Game” that one of the best ways to outperform the market in the ‘investment game’ is not to pick winners but to avoid the losers, i.e. assets that drop sharply in price.

Thought of the week – The cost of the Peter Principle

Thought of the week – The cost of the Peter Principle

28 February 2023 | Insights

It’s February and at many companies where I have worked that means it is time for promotions. It is the time when valued employees are given new and expanded responsibilities in managing teams. And it is peak time for the Peter Principle, i.e. the principle that people are promoted to their individual level of incompetence.​

Thought of the week – Interest rates vs. earnings in 2023

Thought of the week – Interest rates vs. earnings in 2023

21 February 2023 | Insights

A while ago, I wrote a note that claimed that changes in bond yields and inflation are much more important than changes in earnings for equity market returns – at least over shorter timeframes like 12 months. 

Management Board

Bidhi Bhoma

Bidhi Bhoma

Chief Executive Officer

Bidhi joined Liberum in December 2017 as a Managing Director in the Investment Banking team.

David Parsons

David Parsons

Executive Chairman and Head of Equities

David joined Liberum in 2008 as Head of Equity Sales and was appointed Executive Chairman in December 2020.

Shane Le Prevost

Shane Le Prevost

Founder & Executive Director

Shane Le Prevost is Liberum’s founder and is an Executive Director of the Company, he was Chairman and Chief Executive until December 2020.

Andrew Duquemin

Andrew Duquemin

Non-Executive Director

Andrew is a Board Director of Liberum and Liberum Wealth and is also Executive Chairman of Elysium Fund Management.

Julian Plant

Julian Plant

Chief Executive Officer - USA

Chief Executive Officer - USA

Christopher Howlett

Christopher Howlett

Chief Operating Officer

Christopher is Chief Operating Officer and a member of the Executive Management Team.

Rebecca Gordon

Rebecca Gordon

General Counsel

Rebecca is General Counsel at Liberum and is also a member of the Risk & Regulatory Committee.

Dru Danford

Dru Danford

Head of Investment Banking

Dru is Head of the Investment Banking team at Liberum, having joined in November 2022.

Richard Crawley

Richard Crawley

Chairman, Investment Banking

Richard joined Liberum in 2013. He has over 30 years of experience, gained at Charterhouse, Credit Suisse, Oriel Securities and most recently, at Espirito Santo.

Oliver Baxendale

Oliver Baxendale

Head of UK Sales

Oliver joined Liberum in April 2016 as a member of the UK Small and Mid-Cap Sales Team. He was then appointed as Head of UK Sales in March 2021.

Joe Brent

Joe Brent

Head of Research

Joe joined Liberum in 2009. He was previously Managing Director and Head of UK Small and Mid Cap research at Citigroup.

Graham Smith

Graham Smith

Head of Execution

Graham joined Liberum in 2016. Prior to Liberum, Graham has worked for Dillion Reed, Salomon Brothers, Citigroup, Unicredit and Trafalgar Capital.

Clayton Bush

Clayton Bush

Investment Banking Managing Director

Clayton joined Liberum in 2008 from Canaccord, having previously worked for Credit Lyonnais, Dresdner Kleinwort Wasserstein and PWC.

London
New York

Our offices

London

Ropemaker Place, Level 12 25 Ropemaker Street London EC2Y 9LY

New York

20th Floor 575 Fifth Avenue New York NY 10017