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Keefe's Latest IPO Dream

Stock quotes in this article: EVR , COWN , TWPG , QI  

Hoping to mirror the success of boutique investment bank Evercore Partners(EVR Quote), Keefe, Bruyette & Woods has filed for an IPO.

The company hopes to raise $100 million in an initial public offering, according to a prospectus filed Friday morning. A number of executives at the investment firm will be selling shares, and the company will also receive some cash from the offering.

The Keefe Bruyette offering, which has been in the works for weeks, comes on the same day that Evercore's own IPO made a smashing debut in its first day of trading, breaking a streak of bad luck for new stock deals. ...

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