The IPO excitement was palpable in late 2013

Auscap Asset Management

Auscap Asset Management

The IPO excitement was palpable in late 2013. Private owners of businesses obliged, raising $11.8 billion in December alone, the most initial capital raised in any month in the history of the Australian Stock Exchange and almost half the aggregate initial capital raised in 2013. We think there are numerous reasons why extra care should be taken when evaluating any new float. We discuss how we assess the asymmetric information associated with buying into Initial Public Offerings in our February Newsletter, available at: (VIEW LINK)


1 topic

Auscap Asset Management is a value-based Australian equities manager founded in 2012. Auscap manages the Auscap Long Short Australian Equities Fund which targets solid absolute risk-adjusted returns, looking to invest in companies that generate...

I would like to

Only to be used for sending genuine email enquiries to the Contributor. Livewire Markets Pty Ltd reserves its right to take any legal or other appropriate action in relation to misuse of this service.

Personal Information Collection Statement
Your personal information will be passed to the Contributor and/or its authorised service provider to assist the Contributor to contact you about your investment enquiry. They are required not to use your information for any other purpose. Our privacy policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.