A report from the International Business Times said the private equity industry was a key player in the spate of initial public offerings that took place in the US in 2013. Citing Dealogic, the report said a lot of private equity companies gathered funds from IPOs from firms who made their public debuts. These companies paid back their debt to private equity funds. Private equity firms were involved in 41% of the share sales in the US for 2013. The Wall Street Journal reported said 33 companies were able to raise over USD 12 billion in US IPOs so far this year.
In a recent report, Ernst & Young Global Limited also said the IPO pipeline worldwide has increased even as private equity firms held on to their investments for a longer time period.
According to a summary of the global consultancy's report, "PE-backed activity peaked in the second quarter of 2013, when sponsored firms raised US$14.0b across 42 IPOs, making it the most active three-month period of the last two years."
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