Independent adviser STJ Advisors grew profits by more than 200% in the year to March 31 on the back of a flurry of private equity-backed IPOs in Europe – a theme that continued throughout the rest of 2014.

STJ, founded in 2008 by ex-Nomura banker John St John, this week filed accounts for its fiscal year 2014 with Companies House. The group saw revenues rise almost 150% to £9.7 million over the period and operating profits jump to £7 million from £2.3 million a year earlier.