MADRID, June 18th, 2026.- European Equity Research Partners (EERP), an equity research firm, has launched as the European Union builds a framework for issuer-sponsored research, positioning it to be among the first to operate under the new regime once it takes effect.
EERP makes its analysis open to the whole market and will cover listed companies across Europe, the Middle East and Central Asia.
EERP’s founders have run exchanges, sell-side research, investor-relations teams and institutional sales across European, emerging, frontier and Gulf markets. Its partners are based in Madrid, New York, London and Almaty.
It is led by Chief Executive Ramon Pedrosa, a former foreign correspondent with a background in capital markets and investor relations. Jason Paltrowitz, a principal of the firm, was executive vice president of OTC Markets in New York, where he oversaw the dual-listing of 5,000 companies from 48 countries; he earlier worked at JP Morgan, Citibank and BNY Mellon.
The firm’s head of research is Simon Powell, former global head of thematic research at Jefferies and former head of utilities research at UBS and CLSA Asia-Pacific. Over his long career on the sell side, he was ranked top three in numerous times in the Asiamoney and Institutional Investor polls.
The Chairman of EERP, Chingiz Kanapyanov, was the first CEO of International Trading Systems (ITS), an Astana-based MTF, and has been a diplomat, a regulator, and an executive and board member at Asian financial institutions, including the National Bank of Kazakhstan, Halyk Global Markets or ICBC Almaty.
Carlos Pedrosa Lopez, an Associate Professor of Financial Law and Tax Law at the University of Valencia, leads the firm’s regulatory and academic work. He is also a participant on the Subcommittee on Tax Administration and Artificial Intelligence of the United Nations Committee of Experts on International Cooperation in Tax Matters.
“Going from zero to one analyst is the most valuable step a listed company can take,” said Powell. “We built EERP to make that step for companies the market has stopped seeing, and to keep the research open to everyone.”
Research coverage of European companies has thinned for years. Since 2018, European Union’s MiFID II rules required fund managers to pay for research separately from execution. Coverage of small and mid-sized issuers fell in the years that followed.
Recently, the European Union rolled back part of the 2018 unbundling rules for smaller companies and tasked regulators to draw up a code of conduct for issuer-sponsored research, which the European Commission adopted on 21 May 2026 as a delegated regulation laying down regulatory technical standards under MiFID II.
