Club Microfinanzas and IE Net Impact hosted a conference about Initial Public Offerings (IPOs) in Microfinance the night of Wednesday, January 21, 2010. The guest speaker was Luca Torre, a founding partner at. He is a former financial advisor at Credit Suisse, at which he worked on IPOs, particularly of Banco Compartamos and Financiera Independencia. He discussed the following topics: The transformation of Microfinance into a commercial sector, The role of IPOs in Microfinance, the history, business model, and IPO of Banco Compartamos, and the future of IPOs in the industry. There were about 115 people in attendance, showing the growth of interest in the topic in the Madrid area.