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
£25.2bn Raised since 2007 £12.8bn since 2015
173 Staff employed across the UK & North America
121 Corporate clients that we advise

Our latest transaction successes

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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
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Aptamer Group Plc
Amount raised
£10.8m
IPO
Dec-2021
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Conygar Investment Company Plc
Amount raised
£10.7m
Placing
Dec-2021
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EPE Special Opportunities Limited
Amount raised
£20m
Placing
Dec-2021
Thought of the Week -  Hitchhiker’s Guide to Investment Research, Part 4: Trust but falsify

Thought of the Week - Hitchhiker’s Guide to Investment Research, Part 4: Trust but falsify

02 August 2022 | Insights

Last week, I wrote a trilogy of posts on how to approach investment research. I called it the Hitchhiker’s Guide to Investment Research and – staying true to the theme – here is part 4 of this “trilogy”. It is my criticism of the tendency in both finance and economics to dismiss falsifications of theories and rather stick with confirming evidence.

Thought of the Week - The Hitchhiker’s Guide to Investment Research, Part 3: Time is Money

Thought of the Week - The Hitchhiker’s Guide to Investment Research, Part 3: Time is Money

28 July 2022 | Insights

So far in this trilogy, I have addressed the need to focus on what really matters for investment success rather than what some theory says should matter. I also showed how any given theory can stop working as the world and the behaviour of people change. It is this second phenomenon where many strategists and economists as well as investors in general can fall into the trap of becoming stubborn.

Thought of the Week - Hitchhiker’s Guide to Investment Research, Part 2: Theory vs. Practice

Thought of the Week - Hitchhiker’s Guide to Investment Research, Part 2: Theory vs. Practice

27 July 2022 | Insights

Yesterday, I started my “Hitchhiker’s Guide” trilogy on investment research by pointing out that a good researcher should focus on what matters. I stressed that this means a focus on what matters in real life, rather than what should matter in theory. But, and this affects economists in particular and only to a lesser degree strategists and research analysts, too many people think that if they have a theory of how the world works, this theory justifies a certain approach to examining financial markets or the economy.

Thought of the Week - The Hitchhiker’s Guide to Investment Research, Part 1: Busy Fools

Thought of the Week - The Hitchhiker’s Guide to Investment Research, Part 1: Busy Fools

26 July 2022 | Insights

It is summer and I thought, before many of us go on our summer vacation, I’d post a series of philosophical thoughts. I have been doing investment and macroeconomic research throughout my entire career in finance and younger people sometimes come to me to ask how I do it, and why I do things differently than other analysts. What follows is my personal view, so no offense to any readers, but I think most economists and strategists working at banks and asset managers preoccupy themselves with the wrong things and thus waste a lot of time producing research and forecasts that are useless for investors. And unlike in academia, the job of an economist or a strategist in the private sector is to help people make money. So, with apologies to Douglas Adams, here is a trilogy of posts on my way of doing investment research that I like to call “The Hitchhiker’s Guide to Investment Research”.

Thought of the Week - Green jobs vs. fossil fuel jobs

Thought of the Week - Green jobs vs. fossil fuel jobs

18 July 2022 | Insights

By now, most of us should know that wind and solar energy are the cheapest sources of energy in almost all countries, even without government subsidies (and yes, that includes the US, where wind energy in the West Texas Plains and Californian solar energy are the two cheapest forms of energy in the country). But somehow, what isn’t discussed enough is that renewable energy is also a massive job creation machine.

Senior Management Team

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.

Christopher Howlett

Christopher Howlett

Chief Operating Officer

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

Mark Godridge

Mark Godridge

Chief Executive Officer - USA

Mark joined Liberum in 2007 and has been in New York for over 20 years selling Pan-European equities throughout the US and Canada.

Richard Crawley

Richard Crawley

Head of 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.

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.

Neil Patel

Neil Patel

Investment Banking Managing Director

Neil joined Liberum in 2013. He previously spent 12 years at UBS, acting as broker and advisor to FTSE100 and FTSE 250 companies.

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.

Edward Blair

Edward Blair

Head of Product Strategy, Equities

Ed joined Liberum in 2007. He previously worked for Cazenove in both Emerging Market and Pan European equity sales.

Lynsey Cox

Lynsey Cox

Head of Corporate & Investor Relations

Lynsey joined Liberum in 2015, having spent 4 years at Numis as an Associate Director on the Investor Relations team.

Rebecca Gordon

Rebecca Gordon

General Counsel

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

London
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Our offices

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

New York

20th Floor 575 Fifth Avenue New York NY 10017