Leads Renta 4's equity capital markets team acting as placement agent, registered advisor, and liquidity provider for BME Scaleup/Growth IPOs; selective approach has backed winners like CERTIS (5x in 5 years) and Byrael (3-5x in <2 years); emphasizes dual duty to issuing companies and retail investors.
no scored calls yet — needs a stated position or a categorical verdict, with a matured window vs SPY
Renta 4 acts as placement agent, registered advisor, and liquidity provider for Scaleup IPOs, but only takes on companies they believe can be multi-year winners; their dual fiduciary duty to the issuing company and to retail investors who buy the placement creates a selection filter that has produced 3-5x returns on names like CERTIS and Byrael.
CERTIS listed on BME Growth/Scaleup in November 2019 at €1.70, migrated to the Continuous Market, and now trades at €9; the public listing gave it the currency and credibility to execute a plan targeting €500M revenue by 2030 from a €23M base, demonstrating the Scaleup ladder can create substantial value.
Byrael, a Catalan travel company, IPO'd on Scaleup at €1.30 less than two years ago and has traded between €4.30 and €7, showing that niche travel models can thrive on the public micro-cap ladder and reward early retail backers.