Cheer not fear as sponsors eye up IPOs

30 Aug 2010

Private equity firms acquired a bad name when it came to flipping companies back to the publically-traded sector in the years before the financial crisis. Performance figures this time around give greater comfort — and with good reason, too.

The IPO pipeline is only just beginning the build-up to what could be an impressive fourth quarter but, spurred by a few difficult sales earlier this year, already the carping has begun. Despite the year’s average IPO return reaching 6.1% compared to a 1.7% decline in the ...

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