Global Overview: Size Matters
Even as PE funds, VCs, founders and corporate-led carve-outs form a widening pool of issuers, investors know what to look for: quality, liquidity and growth, according to Gareth McCartney, global co-head of ECM at UBS. Indeed, more mega-IPOs have happened in 2021 than ever before, with twice as many USD 1bn+ deals than in 2020. Europe, in particular, has seen “an unusual number of very high-quality assets coming to market”, contributing to the global frenzy, McCartney said.
More topics covered in the report:
- Global: IPO bonanza takes ECM to new heights
- As good it gets
- Americas: Overseas listing smash record
- SPAC to earth
- Fall in follow-ons
- EMEA: Catch me if you can
- Sponsored tech
- Little SPAC stress
- The Kroon
- APAC: China syndrome melts 3Q sentiment
- South Korea’s Krafton top IPO of 3Q
- One Sea, two deals
- Top 5 follow-ons in 3Q
- Top 5 equity-linked bond deals in 3Q
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