Private equity-owned companies are being taken public at the fastest rate in years, new figures show, as buyout firms look to cash in billions from the global stock market boom.
“This is currently the most attractive market I have ever seen for private equity companies to exit via the markets,” said Mondesir.
After a phenomenal start to the year, Mondesir said the private equity IPO boom could be cut short if rising inflation pushes central banks to turn off the money-printing machines. But with the easing of lockdown restrictions set to spur a bounce back in sectors like energy and leisure, he added that buyout firms may be encouraged to pursue further profitable exits from their investments, as many of them have acquired companies in these industries.
