There are no plans for an initial public offering (IPO) in the immediate future for New York boutique investment bank Dahlman Rose, which recently underwent a management overhaul, according to new Dahlman chief executive Kim Fennebresque.
Some in the shipping-finance community have speculated that the departure of founding partners Ernie Dahlman and Simon Rose could be tied to a campaign to sell the firm to public investors under more experienced, conventional leadership.
Dahlman
