Barrenjoey Capital Partners is telling staff that it expects to generate about $380 million revenue in the coming year, a 13 per cent increase on last year’s amid expectations of a pick-up in deal activity across the market.
The forecast was circulated as the investment advisory and markets firm, which employs more than 360 people, paid bonuses in September.
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correction —
This article incorrectly reported eight employees had received extra shares as well as the founding partner title this year.
Jemima Whyte writes on business, specialising in companies, capital markets and innovation. Jemima has reported on business for The Australian Financial Review for more than 13 years. Email Jemima at jemima.whyte@afr.com
