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Property exchange recruits ex-Odey partner

IPSX is aiming to become the first exchange dedicated to trading shares in single-property companies

IPSX, a new property stock exchange, has added a former partner at Crispin Odey’s hedge fund to its staff in charge of drumming up interest in listings. The market’s debut initial public offerings are expected in the first half of 2020.

Peter Wyllie, who worked in equity sales at Deutsche Bank for 16 years before becoming head of institutional sales at Odey in 2013, has now joined IPSX as a director of capital markets. He reports to Roger Clarke, the former JPMorgan banker who became head of capital markets in January.

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