Q1'13 Global IPO activity outlook
The sizeable global pipeline of private companies waiting to go public, solid equity market performance, stable levels of stock market volatility, rising PE and VC “dry powder” and a steadying macroeconomic environment suggest global IPO activity should turn higher in the coming months. Improving momentum in 1Q13 is an important precursor to higher activity later in 2013. We expect the US will lead the recovery in the IPO market toward 2Q13, with Europe and Asia performing more strongly in the latter half of 2013.
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