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Trade was oversubscribed in under 20 minutes
In highly concentrated book, top 20 investors take 90%
The relaunched IPO was cancelled after leads attempted to reduce the transaction to around €300m
Relief that the first European IPO after summer has grown in the aftermarket, though not without large concessions
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iCapital enables high-net-worth individuals to invest in private markets -
Outlook remains uncertain for market dogged by volatility
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Deal finances January buyout by infra fund
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Direct lending group will focus on private equity clients
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