It’s only a trust so we’re not as excited as usual, but Metrics has their Income Opportunities Trust (MOT) going live today at 11am. The Trust aims to “provide investors exposure to a portfolio of mostly private credit investments”. So if that’s your bag, then keep your eyes open later this morning. At $2 a piece, there’s a level of expectation around what it will do when trade begins.
Also on the higher side of your average listing, Teaminvest (TIP) has delayed $1 per share IPO to May 24th. Teaminvest is a private equity firm who note they use strategies based on Warren Buffett.