Login
Specialist fund manager lists on ASX
Mills Oakley has advised a specialist fund manager on its initial public offering and listing on the Australian Securities Exchange.
Emma Musgrave
Firm: Mills Oakley (Microequities Asset Management Group Limited)
Value: $106.4 million
Area: IPO, finance
Key players: The Mills Oakley legal team was led by partner Iain Laughland, with assistance from associate Renee Gilead and lawyer Justin Liang.
Deal significance: Founded in 2006, Microequities is described as a specialist microcap and small cap fund manager that manages funds exclusively for wholesale and sophisticated investors.
According to a statement from Mills Oakley, Microequities has experienced rapid growth in recent times, increasingly its funds under management from $58 million in 2014 to $442 million as at 31 December 2017.
The IPO of Microequities marks one of the largest non-LIC floats on the ASX this year to date, Mills Oakley said.
“We were delighted to be selected to assist Microequities with its strategic objective of achieving a listing on ASX within a short time frame," said partner Iain Laughland.
"We have enjoyed working closely with Microequities’ management and its other advisers in helping deliver on the company’s commercial imperative. We wish the company and its shareholders every success as Microequities continues its rapid growth journey.”
Carlos Gil, founder and CEO of Microequities added: “An IPO can potentially be a disruptive event for a business. Microequities is a highly focused enterprise and, due to the professionalism and expertise of Mills Oakley and its team, we were able to successfully IPO whilst maintaining the focus in our business.”
Emma Musgrave
Emma Musgrave (née Ryan) is the managing editor, professional services at Momentum Media.
Emma has worked for Momentum Media since 2015, including five years spent as the editor of the company's legal brand - Lawyers Weekly. Throughout her time at Momentum, she has been responsible for breaking some of the biggest stories in corporate Australia. In addition, she has produced exclusive multimedia and event content related to the company's respective brands and audiences.
Prior to joining Momentum Media, Emma worked in breakfast radio, delivering news to the Central West region of NSW, before taking on a radio journalist role at Southern Cross Austereo, based in Townsville, North Queensland.
She holds a Bachelor of Communications (Journalism) degree from Charles Sturt University.
Email Emma on:
