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Guzman y Gomez shares begin trading today on the ASX

In Investment
June 20, 2024
A Guzman y Gomez sign hangs at a restaurant in Sydney, Australia

Guzman y Gomez shares begin trading today on the ASX under the ticker GYG with a valuation of A$2.2 billion. Founder Steven Marks, a New Yorker who once worked for Steve Cohen’s SAC Capital and moved to Australia 22 years ago, is set to be worth more than A$200 million at the offer price. Marks, 52, is the second-biggest shareholder after investment firm TDM Growth Partners, according to the Bloomberg Billionaires Index.