Di Pilla's thriller
While the market was less than enthusiastic today about David Di Pilla's latest big play, DigiCo REIT's debut, the HMC Capital founder's self-belief is unlikely to be shaken.
If markets handed out annual awards, then David Di Pilla would have to be a candidate for dealmaker of the year.
For three years bankers have bemoaned a weak IPO market. Yet today, less than two weeks before Christmas, Di Pilla’s HMC raised $2 billion via the DigiCo REIT IPO. It was big enough to not only blow this year’s other outlier Guzman y Gomez out of the water but also leapfrog every float for the last six-and-a-half years.
While admitting he’s “highly superstitious”, the dealmaker did it on Friday the 13th no less. For Di Pilla, it comes down to one thing, which he credited to his parents.
“What they gave me was incredible self-belief,” he told a packed room at the ASX, as Mario and Teresa Di Pilla looked on.
