One of the City's most celebrated bankers is to become a shareholder in Capital Pub Company ahead of its anticipated IPO. Charles Peel, the co-founder of Peel Hunt, which is now owned by the Belgian bank KBC, has sold a pub to the London-based group in return for a mix of cash and shares. Peel, who is thought to be worth about £70m, has sold the Bellevue pub in Clapham for £2.5m. He will receive £900,000 of the consideration in shares in Capital, which is expected to list on AIM in March. By chance, KBC Peel Hunt has been appointed as Capital's nominated broker and advisor to its listing. Capital plans to join the stock market to provide its existing shareholders, who participated in the original Enterprise Investment Scheme (EIS) subscription, with an exit. It operates 20 freehold pubs. It also manages a second EIS-backed pub group - Capital Pub Company II.