Business & Finance
UK IPO Slump Hurting Private Equity and Venture, PitchBook Says
Key Points
UK IPO Slump Hurting Private Equity and Venture, PitchBook Says The UK’s sluggish market for initial public offering is leaving private equity and venture capital firms with fewer exit routes, increasing their reliance on sales to other buyout shops or large corporates for returns, PitchBook data show. An IPO has traditionally been one of the three main routes for investors to get a return on their equity, alongside acquisitions and buyouts. But as London’s public markets experience a...
UK IPO Slump Hurting Private Equity and Venture, PitchBook Says
The UK’s sluggish market for initial public offering is leaving private equity and venture capital firms with fewer exit routes, increasing their reliance on sales to other buyout shops or large corporates for returns, PitchBook data show.
An IPO has traditionally been one of the three main routes for investors to get a return on their equity, alongside acquisitions and buyouts. But as London’s public markets experience a drought, with fewer companies interested in listing in the UK, sponsors are finding that avenue closed, according a PitchBook report on Friday.