FinanceAsia Achievement Awards 2000 - Best House at Small Cap IPOs

Few houses or investors have covered themselves in glory when it came to the tech sector this year, and BNP Paribas Peregrine (BNPPP) is no less different from most. Though this may seem a strange opener to the presentation of an award, it is necessary to put the bank's achievements into the context of a bubble, which burst spectacularly when the NASDAQ suffered its first major precipitous crash on April 14.