Street Talk

Barrenjoey loves block trades ... just not at Guzman y Gomez

Sarah Thompson, Kanika Sood and Emma Rapaport

Feb 5, 2025 – 5.55pm

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Value investors may have turned up their noses at Mexican chain Guzman y Gomez’s ASX debut, but for those who stuck around, it’s been the gift that keeps on giving – at least on paper where it’s up 79 per cent since the IPO.

Now, key escrowed shareholders, TDM Growth Partners, Barrenjoey’s private capital business and founder Steven Marks, will have a chance to convert paper profits into cold hard cash 10 days after GyG posts its December-half results on February 21.

Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones.

Kanika Sood is a journalist based in Sydney who writes for the Street Talk column.

Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review.