Liquidnet and TP ICAP Midcap team to improve block liquidity for SMEs

By Gloria Methri

Liquidnet, the technology-driven agency execution specialist is collaborating with TP ICAP Midcap, a brokerage firm and specialized investment bank supporting European SMEs in their development and financing strategy.

By combining their deep expertise, established client networks, and state-of-the-art technology, the two businesses aim to increase block liquidity opportunities in European SMEs.

Chris Jackson, Global Head of Equity Strategy and Head of EMEA Equities at Liquidnet said, “Finding block liquidity in small and mid-cap names remains a challenge for most asset managers. It is a challenge that often goes beyond simply matching sedol codes in a venue. Our unique global liquidity network combined with our suite of innovative liquidity discovery offerings positions us well to help our members address this. I look forward to combining these capabilities with TP ICAP Midcap’s specialist knowledge and liquidity to further reduce the cost of trading for our members.”

Liquidnet says the collaboration aligns with its commitment to solving difficult liquidity and execution challenges for its members. It builds on the acquisition of Liquidnet by TP ICAP, exemplifying their complementary nature and the benefits they can provide to their client base.

Charles-Henri Berbain, Managing Director at TP ICAP Midcap said, “The lack of research limits investment in SMEs but for many asset managers it is first of all the lack of secondary market liquidity that is the real problem. There is a need to improve secondary market liquidity as a means of boosting investment in SMEs. We have been specializing in Small and Mid-Caps for nearly a decade and I am truly excited to collaborate with the Liquidnet team to address this challenge.”