TMT
Investment Banking
The TMT sector team within Investment Banking consists of a team of dedicated professionals supported by M&A and corporate broking.
We are retained equity advisers to a mix of listed technology and media clients engaging in a whole variety of subsectors, ranging from enterprise software vendors, cyber and digital consultancies right through to semiconductor manufacturers. We are adept at advising our clients whether listed on the LSE main market or on AIM and look to partner companies with regard to their interests over the longer term. The TMT space contains more future stars than most other sectors and we are focused on ensuring our clients reach their full potential.
The team has a diverse background, with a good blend of bulge and small cap experience combined with in-house business development. We are always on the look-out for high quality private companies that are interested in listing on the London Stock Exchange and will happily meet with management teams at short notice.
Recent deals & client wins
New Corporate Client - Raspberry Pi
New Corporate Client - Gamma Communications plc
New Corporate Client – LBG Media
New Corporate Client - Team17 Group plc
New Corporate Client – Frontier Developments
£30m Placing - IQE
Technology Research
The technology team is not only known for their deep understanding of UK listed technology companies, but also their broad understanding of technologies that underpin these companies.
Contrarian calls like Darktrace and Sage, to uncovering jewels like Boku and Ten Lifestyle, have helped solidify this reputation.
The team hosts some of the best attended tech and video games conferences, and regularly publishes on thematics like AI, Quantum Computing and Blockchain. The team’s views are not only sought after by the institutional buy-side, but also by both public and private company executives. The team's sub-sector expertise is broad (software, services, video games, payments, semis, etc) and it is one of the few research teams in the market that has in-house machine learning expertise. Already the team is leveraging ML to change the way sell-side research is done.
The FinTech & DX (Digital Experience) focuses on the UK FinTech sector and Digital Experience companies. The UK remains a hotbed for FinTech innovation across the different verticals of the ecosystem – payment processing, core banking, neo banks, remittance, Insurance tech, Reg tech etc.
With a reasonably well established listed public company universe and a rapidly growing list of well-funded private companies (which could come to the market in the next few years) there is significant attention from investors in this sector. Digital Experience is another area of high interest in the Tech sector. Digital spending is on the rise across different verticals which has given prominence to niche and nimble competitors to the legacy players in the IT services industry. These fast growth, high margin and cash generative companies are well positioned to drive the wave of digital spending across public and private sectors.
Prior to joining Peel Hunt in 2017, Damindu Jayaweera worked at Jefferies in the European Technology Research team for 10 years, working on IPOs like Worldpay and Softcat. Damindu also co-founded Microimage, an award winning Asian HR SaaS company and sits on the board of Antyra, a digital marketing agency. He has a Physics degree from Imperial College, London, and an MBA from ESLSCA, Paris. Damindu is well known in the institutional investor community for his deep domain expertise across Software to Semis, global perspectives and his ability to unbundle complex topics such as Quantum Computing and Neural Networks.
James Lockyer also joined the team in 2017, having previously worked at Jefferies in the European Media & Internet Equity Research team where he did a number of IPOs including Zalando and Scout24, and prior to this, James was at Sky as a Financial Analyst. James has a Master of Philosophy in Finance from the University of Cambridge, and a Master of Mathematics from UEA and the University of California, Berkeley.
Micu Dulnoan joined the team in June 2021 from BlackRock’s Equity Index Investment Team, researching and projecting index changes for Portfolio Managers. Prior to this Micu worked in a number of roles primarily covering buy-side institutions in Account Management. Micu has a Masters in Commerce Accounting and Bachelor of Finance from the University of Adelaide. He has a unique skill-set in applying Machine Learning techniques for Data driven decision making.
Gautam Pillai joined Peel Hunt in May 2022 after spending almost 12 years at Goldman Sachs where he co-covered the European Software, IT services and Fintech sectors. He has extensive experience in UK and European IPOs including Worldline, Worldpay, Teamviewer, Nexi, Network International, Evry, SUSE and others. Gautam is a CFA charter holder and completed his MBA from NMIMS, Mumbai. He graduated in Mechanical Engineering from College of Engineering, Trivandrum (India) and started his career as a programmer in Cognizant Technology solutions. Gautam is well known to the institutional investor community across Europe & US for his domain expertise across the various Tech & Fintech verticals and in depth financial analysis.
Media Research
The UK Media sector has significantly evolved in the last decade. Whereas there is still a focus on advertising, there has been a transition into all things digital. We now cover a range of companies spanning online platforms, events, broadcasters, B2B, publishers and marketing services groups.
In conjunction with the Technology team, we host a successful annual TMT conference where we delve into thematic ideas in the combined sectors. Alongside this, throughout the year we host a number of smaller events such as the “Future of the car market” with the retail sector.
Jessica Pok joined Peel Hunt in 2017. Prior to joining, she covered Pan-European Media and Internet at Berenberg. Before that, she was a Quantitative Research Analyst at Barclays Wealth and Investment Management. Jessica is a CFA Charterholder and has an MSc in Investment Management from Cass Business School.
Prior to joining Peel Hunt, Melanie Yang was an audit assistant manager in EY London, TMT sector. Melanie has 4 years’ experience in external audit and is ACA qualified (ICAEW). She did her BA degree in Business Journalism from University of International Business and Economics in Beijing and completed her MsC in Media and Communications in LSE.
Insights
Raspberry Pi: Initiation of coverage
FinTech Conference 2024
